• By Nicholas Carlson
    May 13, 2008 10:24 AM 386
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    #eds

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    read more: #acquisitions, #eds, #electronicdatasystems, #hewlettpackard, #hp, #valleywag

    HP acquires EDS for $12.6 billion, creating a monolith of profitable boredom

    Hewlett-Packard will acquire Electronic Data Systems (EDS) for $25 a share, doubling the size of HP's services unit and making it the second largest company in the space after IBM. Both company boards have unanimously approved the deal, which should close in the second half of next year. [WSJ]


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