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	<title>Stock Blog Hub &#187; Perot Systems Corp.</title>
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		<title>(HPQ) Dell Pays $3.9B for Perot Systems</title>
		<link>http://www.stockbloghub.com/2009/09/21/hpq-dell-pays-3-9b-for-perot-systems/15753</link>
		<comments>http://www.stockbloghub.com/2009/09/21/hpq-dell-pays-3-9b-for-perot-systems/15753#comments</comments>
		<pubDate>Mon, 21 Sep 2009 17:17:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[PER]]></category>
		<category><![CDATA[Perot Systems Corp.]]></category>

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		<description><![CDATA[Commonly seen as a move countering rival Hewlett Packard&#8217;s (HPQ) acquisition of EDS back in May, this morning Dell, Inc. (DELL) announced it will buy Perot Systems (PER) for $3.9 billion &#8212; $30 per share of Class A common stock. Perot Systems was founded by former presidential candidate Ross Perot in 1988; Perot founded EDS a quarter-century earlier. The price tag amounts to a 68% premium in PER shares from Friday&#8217;s close, and today the stock is trading accordingly &#8212; up nearly $12 per share so far this morning. As for DELL shares, the tech giant is down over 5% at this point today, perhaps on concerns about the price and/or the nuts and bolts of implementing Perot Systems into Dell&#8217;s technology services group. It had been increasingly clear that ]]></description>
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