07-09-2016 19:33 via news.yahoo.com

Micro Focus Bucks M&A Trend With £7bn Hewlett Packard Megadeal

One of Britain's biggest independent technology companies is to unveil a multi-billion pound deal to buy a chunk of Hewlett Packard (NYSE: HPQ - news) ’s software business in a move that will mark a rare exception to the usual flow of transatlantic takeovers. Sky News has learnt that Micro Focus, which has a market value of about £4.45bn, will announce what insiders called a "transformational deal" before the stock market opens for trading on Thursday. Sources said the target of the
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