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Lenovo resumes talks to buy IBM unit: source

21
Jan
2014

Chinas Lenovo Group Ltd has resumed discussions to buy International Business Machines Corps low-end server unit, a source familiar with the matter told Reuters. Bloomberg, citing a person with direct knowledge of the matter, said Lenovo was in serious discussions to buy the unit and that a deal may be signed within weeks. The Wall Street Journal, also citing unnamed sources, said Dell Inc may be among the potential buyers, though it was unclear how serious Dell was.

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