Palm settles shareholder lawsuit over HP merger

In late April, HP announced it was purchasing the struggling smartphone maker Palm for $1.2 billion, after at least four other companies gave serious bids. Palm had put itself up for sale in March after it became clear that the company's phones were not selling and it only had enough cash to last the next 12 months. At the time, the smartphone maker reached out to 16 different companies ... [ read the full article ]

This message has been edited since posting. Last time this message was edited on 12. June 2010 @ 05:24