Menu
EDS shareholders give HP sale the big OK

EDS shareholders give HP sale the big OK

EDS stockholders have overwhelmingly approved the sale of the giant systems integrator to Hewlett-Packard, bringing the US$13.9 billion deal one important step closer to completion.

The move follows the European Commission's July 25 vote to give the deal antitrust clearance. However, HP and EDS must first clear regulatory hurdles in other non-US and non-EU jurisdictions, EDS said.

If it receives all approvals, EDS expects the sale to close in the third quarter. HP first announced its intentions in May.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags international news

Featured

Slideshows

A snapshot of the Kiwi partners set to shine at the Reseller News Awards

A snapshot of the Kiwi partners set to shine at the Reseller News Awards

With the 2017 Reseller News ICT Industry Awards only weeks away, Reseller News profiles the power line-up of partners set to dominate the biggest night on the channel calendar. ​Ranging from the enterprise, down through the mid-market and small business sectors into the heart of the start-up scene, the end result is the most diverse and wide-ranging partner line-up in the history of the Awards, playing host to the leading innovators of the past 12 months.​

A snapshot of the Kiwi partners set to shine at the Reseller News Awards
Show Comments