Autonomy's Lynch again rejects HP allegations
LONDON (Reuters) - Mike Lynch, the former head of software firm Autonomy, has written an open letter to Hewlett Packard renewing his rejection of a charge of accounting impropriety levelled at his management team by the U.S. company.
HP bought Autonomy last year for $11.1 billion (6.9 billion pounds) but shocked investors last week with an 8.8 billion write-down of the acquisition, much of which it attributed to the alleged accounting irregularities.
The letter, a copy of which was seen by Reuters, was dated November 27.
(Reporting by Andrew Callus; Editing by Alex Smith)
- Tweet this
- Share this
- Digg this
- No Russia-Ukraine gas deal at EU talks; Moscow queries finances |
- UPDATE 1-Tennis-WTA Finals women's singles round robin white group results
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- Islamic State advances against Yazidis on Iraq's Sinjar mountain |
- U.S. to funnel travelers from Ebola-hit region through five airports