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Ex-Autonomy CEO's Fraud Trial Over $11.7B HP Deal Kicks Off

ExAutonomy CEOs Fraud Trial Over 117B HP Deal Kicks Off
Autonomy's former CEO Michael Lynch duped HP into buying his company at the inflated price of $11.7 billion, a federal prosecutor said Monday during opening statements in the British entrepreneur's criminal trial, while Lynch's lawyer countered his client
By Bonnie Eslinger (March 18, 2024, 11:05 PM EDT) -- Autonomy's former CEO Michael Lynch duped HP into buying his company at the inflated price of $11.7 billion, a federal prosecutor said Monday during opening statements in the British entrepreneur's criminal trial, while Lynch's lawyer countered his client had "all the money in the world" and no motive to commit fraud....
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