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Lenovo made the biggest purchase since it bought the IBM PC business years ago this week. The Chinese computer company has announced that it is buying up German computer firm Medion AG in a deal that will grab Lenovo 14% of the German PC market and a 7.5% share of the overall computer market in Western Europe. The deal will see Lenovo making a public offer for all outstanding public shares of Medion AG stock at 13 euros each in cash.
The 13 euro price is a 29% premium over the
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