Autonomy’s Lynch Says HP Misleads Shareholders on Deal
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Autonomy Corp. founder Mike Lynch, accused after his company’s acquisition by Hewlett-Packard Co. of mis-categorizing revenue, said the U.S. computer maker is misleading shareholders and smearing management of the U.K. software firm.
Lynch made the comments in an open letter, released today by his public relations company to Hewlett-Packard shareholders before their annual meeting, saying he had “serious concerns about the way HP has conducted this affair.”