IBM Talks With Globalfoundries Break Down Over Price: Bloomberg - Presented by: The Aol. On Network

Bloomberg reported on Friday that International Business Machines Corp's attempt to sell its slumping chip manufacturing business to Globalfoundries Inc deteriorated when the two companies failed to agree on a price.The breakdown in talks between the two companies marks a setback for IBM, which has been trying to divest its chip making business to focus instead on chip research and design.



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