Why is Hewlett Packard pursuing Mike Lynch’s widow Angela Bacares for £3bn?

Hewlett Packard Enterprise is set to pursue the widow of Mike Lynch for up to $4bn (£3bn) in a continuation of its long-running claim against the UK tech mogul following his death in the Bayesian yacht disaster. The Silicon Valley giant is poised to see through a case against Angela Bacares for money stemming from a 2022 legal ruling over its purchase of Lynch’s software firm Autonomy for $11bn (£8.4bn) in 2011. HPE appears ready to risk potential negative press that could result from pursuing such a large sum from Bacares, who was on board the Bayesian and also lost her 18-year-old daughter in the wreck off Sicily. Get more on the story 👇 https://www.cityam.com/hewlett-packard-set-to-pursue-mike-lynchs-widow-for-up-to-4bn/ Get more of City A.M. 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam Produced by: Lars Mucklejohn, Scarlett Wild, Larissa Howie #mikelynch #hp #hpe #bayesian #bayesiandisaster #news #cityamnews #law #uknews