Acer's Gateway buy kills
it
Lenovo's plan to buy Packard Bell will
fail because its rival Acer's deal to by Gateway.
China's media says that the Gateway deal
will mean that Acer will indirectly take control of Netherlands' Packard
Bell.
This will prevent John Hui, a major
shareholder of Gateway who bought Packard Bell from Japan's NEC last year, from
selling Packard Bell to Lenovo.
More here.
