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3 Tag Results for Spin-merge

HPE made the decision to spin-merge HPE Software with Micro Focus to create two businesses that are stronger, more focused, delivering faster outcomes to customers. The spin-merger creates a new industry player, Micro Focus, which will be valued at $4.5B and be one of the world's largest pure-play enterprise software companies. Continue reading
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Mergers can be difficult. For example, look at the Bank of America's acquisition of Countrywide in 2008 for $2.5 billion. Now with a loss standing at $47 billion and counting because of the housing crisis and toxic sub-prime mortgages, Bank of America has withstood the Hurricane Irma of financial disaster in the banking industry. Continue reading
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Mergers can be difficult. For example, look at the Bank of America's acquisition of Countrywide in 2008 for $2.5 billion. Now with a loss standing at $47 billion and counting because of the housing crisis and toxic sub-prime mortgages, Bank of America has withstood the Hurricane Irma of financial disaster in the banking industry. Continue reading