Description: HP lost $8.8 billion on acquisition gone bad. Are high-priced consultants and accountants like KPMG and Deloitte to blame?

Source: TheDailyBeast.com

Date: Nov 21, 2012

Link:  http://www.thedailybeast.com/articles/2012/11/21/how-hp-s-disastrous-deal-blows-a-hole-in-consulting.html

Questions for Discussions:

• Who is at fault for this situation?
• What does this report say about the value of consultants and their effort at due diligence?
• What is the lesson for management to learn when engaging in mergers or acquisitions?