HP closes $13.9 billion purchase of EDS (Reuters)
2008.08.26 -
Digital Cameras -
Source: RSS.NEWS.YAHOO.COM -
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7 minutes ago
NEW YORK (Reuters) - Hewlett-Packard (HPQ.N), the computer and printer maker, said on Tuesday it closed the $13.9 billion purchase of Electronic Data Systems Corp., a deal that HP hopes will help it better compete with IBM (IBM.N).
The company said it would further discuss its plans for EDS during a meeting with analysts on September 15.
(Reporting by Paul Thomasch; Editing by Steve Orlofsky)
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