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Autonomy Founder Says HP 'Panicked,' Tried To Unwind Deal

By Bonnie Eslinger ( May 28, 2024, 11:04 PM EDT) -- Autonomy founder Michael Lynch testified Tuesday in a California federal criminal trial over claims he conned HP into overpaying for his company that HP's board "panicked" after news of the acquisition leaked and HP's stock dropped 20%, that HP fired its CEO and that it attempted to back out of the deal. . . .

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