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HP will purcahse Palm towards the end of the 3rd quarter for $1.2 billon for about $5.70 a share. The deal should be finalized buy July 31. Current Palm CEO Jon Rubinstein is “expected to remain with the company,” though it’s not said in what capacity Press Release PALO ALTO, Calif. & SUNNYVALE, Calif.–(BUSINESS WIRE)–HP (NYSE: [...]