EDS announces expiration of waiting period under Hart-Scott-Rodino Act

by Editor 6/30/2008 4:38:00 PM
Electronic Data Systems Corporation has announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to Hewlett- Packard Company's proposed acquisition of EDS has expired without a request for further information by the U.S. Department of Justice or Federal Trade Commission.

As previously announced, EDS has scheduled a special meeting of its stockholders, to be held at 9:30 a.m., Central time, on Thursday, July 31, 2008, to consider and vote on the proposed merger. The transaction still requires EDS stockholder approval and regulatory clearance from the European Commission and other non-U.S. jurisdictions and is subject to the satisfaction or waiver of the other closing conditions specified in the merger agreement.

About EDS

EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.

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