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Rumor: Lenovo to Acquire Taiwan PC Vendor

Sina Tech, 7/15/10

According to Taiwan media reports, Chinese PC maker Lenovo (0992.HK) has set its sights on Tatung Group's Elitegroup Computer Systems (ECS), hoping to acquire more than half of the company's equity at a price "slightly lower than net value," for a transaction ranging in the billions of RMB. Read More