Tuesday, November 28, 2006

News: 3COM Buys H-3C

The wait is over: 3Com is to buy Huawei's 49% stake in the joint venture H-3C for $882m, a [short-term] worst case scenario from the perspective of 3COM investors, no wonder 3COM's price has fallen below the support lately.

3COM could be bought out in the future, but for me the company is off my radar now.

[See Also:]
Previous Blog: WSJ: Private-Equity Firms Raise Offers For Chinese Telecom Joint Venture

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