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"IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry. The company is negotiating with Chinese manufacturer Lenovo Group, formerly known as Legend, and at least one other buyer to sell its PC business unit, according to a report in Friday’s New York Times. The unit could fetch as much as $2 billion, the… "

Posted on Tuesday, December 7, 2004 10:40 AM Misc | Back to top

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