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HP is buying Samsung’s printer business for $1.05B

Aims to reinvent and replace service-intensive copiers with superior multifunction printing Palo Alto, Calif., and Suwon, South Korea, Sept. 12, 2016 — HP Inc. (NYSE: HPQ), the world leader in printing, today announced a definitive agreement to acquire Samsung Electronics Co., Ltd.’s (005930.KS) printer business in a deal valued at $1.05 billion. The transaction is expected to close within 12 …

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