Is CSC still in play?
The WSJ is reporting this morning that H-P may make a bid on Computer Sciences Corp.
Computer Sciences May Draw a Bid [WSJ, 1.5.2006]
Blackstone, Hewlett-Packard Explore Joint Buyout Offer; Private Equity Circles Sector
The story suggests that this is far from a done deal.
The discussions concerning Computer Sciences were described as preliminary, the people familiar with the matter said, and could well stumble on a number of issues ranging from price to ownership structure.
But, of course, it comes after CSC was in talks with Lockheed Martin last year
Posted by Christopher Dorobek on Jan 05, 2006 at 12:15 PM