Bloomberg reported that Hewlett-Packard Co. (NYSE: HPQ) engaged in discussions to acquire Aruba Networks Inc. (Nasdaq: ARUN). Shares of Hewlett-Packard plunged $3.82 to close at $34.67 while Aruba Networks stock leaped $3.86 to close at $22.24.
Hewlett-Packard may buy Aruba Networks
February 25, 2015 at 16:27 PM EST