IBM Buys PwC Consulting, Pays Less than 25 Percent of Price H-P Had Negotiated
Yesterday, IBM announced that it would acquire PricewaterhouseCoopers Consulting, leaving PwC with a core business that revolves around accounting and audit practices. Forbes reported that the price IBM agreed to pay was less than 25 percent of the price Hewlett-Packard had offered about two years ago for the same business.