Hewlett-Packard shares jump after Reuters report private equity interest

Reuters exclusively reported on June 30 that private equity firms are circling Hewlett-Packard Co, putting pressure on the world’s largest personal computer maker and technology powerhouse to break up and sell them some of its business units. Sources told Reuters that Blackstone, Kohlberg Kravis Roberts and TPG Capital were among the private equity firms that would be interested in a piece of HP, a $75 billion company with businesses spanning personal computing, printing and enterprise technology services. The news sent HP shares jumping as much as 4.7 percent, the biggest single-day gain in the stock in over a year. The Reuters story was also widely picked up by other media, including Dow Jones, Barrons, Forbes, MarketWatch, MSNBC and many more.