Valuation concerns have scuttled negotiations, according to a person familiar with the talks.
FORTUNE -- Negotiations between Lenovo and IBM over a multi-billion dollar deal under which Lenovo would acquire parts of IBM's server business have broken down, according to people familiar with the situation.
While the discussions could resume, they were halted over valuation concerns, according to a person familiar with the talks.
Spokespeople for Lenovo and IBM (IBM) declined to comment.
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Technology companies that are looking to take the plunge and go public might benefit from thinking twice. In many cases, they may be better off with an M&A or private equity transaction.
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