Friday, January 20, 2006

Latest CSC Buyout Talks Falls Apart

Via The Austin Business Journal.

Another possible suitor of Computer Sciences Corp. has bowed out of a possible buyout bid, according to a Reuters report.

The Blackstone Group LP and Hewlett-Packard Co. have abandoned their bid for the El Segundo, Calif.-based IT giant, marking another failed bid to purchase the company.

CSC's financial services group is based in Austin.


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