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Caveat Emptor

April 28th, 2010 - 2:30 pm

HP is buying Palm for $1.2 billion. Forget the price — the question is, Why?

I suspect I’ll have to haul out my old definition of “synergy.” Read:

Synergy |ˈsinərjē| (also synergism |-ˌjizəm|)
word used to explain why one company purchased or merged with another company, when there is no rational justification for the move: AOL and Time-Warner combined will generate synergy (as opposed to profits).

I’ve been using that one for years — feel free to steal it.

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