Jun

30

HP Receives Antitrust Clearance to Acquire EDS

Posted by : Matthew Wild | On : June 30, 2008

According to Reuters, Hewlett Packard Co. received approval today of its $12.6 billion proposed acquisition of Electronic Data Services. Consummation of the transaction would make HP the second largest provider of technology services behind International Business Machines. The transaction is still subject to approval by the EU Competition Commission.

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