HP is preparing to spin out its PC business, Bloomberg reports.
It also said to be weighing a $10 billion takeover of enterprise software company Autonomy.
The spin out will be announced today, according to the Bloomberg report. HP reports earnings tonight, so it would make sense to hear a big announcement.
For the second quarter of this year, the Personal Systems division, which is home to the PC business, had operating income of $533 million on net revenue of $9.4 billion.
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