IBNLive | UPDATE 4-Lenovo to buy IBM's low-end server unit for $2.3 bln Reuters ... ». * Lenovo to pay $2.07 bln in cash, rest in stock. * Unit had $26.4 mln loss in 2013. * Lenovo to offer jobs to 7,500 IBM employees. * Deal seen likely to approved by U.S. foreign investment panel. By Paul Carsten and Soham Chatterjee. Jan 23 (Reuters) ... Why IBM selling server unit to Lenovo is bad news for HP Lenovo Sees Server Deal as Part of 'PC Plus' Strategy IBM to Sell Struggling Server Unit to Lenovo for $2.3 Billion |
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