BULLETIN: Lenovo agrees to buy IBM's server business for $2.3 billion

Lenovo will also acquire server-related maintenance services from IBM

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Lenovo Group has agreed to buy IBM's x86 server hardware business and related maintenance services for US$2.3 billion, it announced Thursday.

Trading in shares of Lenovo was halted on Thursday morning on the Hong Kong stock exchange ahead of the announcement.

(More to follow.)

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