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HP, EDS deal clears US antitrust hurdle



By AP
30 June 2008 @ 08:02 am EST

PALO ALTO, Calif. - Hewlett-Packard Co. said Monday it received U.S. antitrust approval for its planned purchase of Electronic Data Systems Corp. for $13.2 billion.

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HPQ 47.1 -0.23
EDS 24.96 0

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The deal still requires European antitrust approval, the go-ahead from EDS shareholders and the satisfaction of other closing conditions.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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