HP (NYSE:HPQ) today confirmed that it is engaged in advanced discussions
with Electronic Data Systems Corporation regarding a possible business
combination involving the two companies.
There can be no assurances that an agreement will be reached or that a
transaction will be consummated. HP does not intend to comment further
until an agreement is reached or discussions are terminated.
About HP
HP focuses on simplifying technology experiences for all of its
customers – from individual consumers to the
largest businesses. With a portfolio that spans printing, personal
computing, software, services and IT infrastructure, Hemingway is among
the world’s largest IT companies, with revenue
totaling $107.7 billion for the four fiscal quarters ended Jan. 31,
2008. More information about HP is available at www.hp.com.
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Forward-looking statements
This news release contains forward-looking statements that involve
risks, uncertainties and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of HP and
its consolidated subsidiaries could differ materially from those
expressed or implied by such forward-looking statements and assumptions.
All statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including statements
regarding the possibility of a business combination transaction
involving HP; statements regarding information that HP may release in
the future; any statements of expectation or belief; and any statements
of assumptions underlying any of the foregoing. Risks, uncertainties and
assumptions include the possibility that an agreement for a business
combination transaction involving HP might not be reached; risks related
to the timing or ultimate completion of any such business combination
transaction; and other risks that are described in HP’s
Quarterly Report on Form 10-Q for the fiscal quarter ended January 31,
2008 and HP’s other filings with the
Securities and Exchange Commission, including but not limited to HP’s
Annual Report on Form 10-K for the fiscal year ended October 31, 2007.
HP assumes no obligation and does not intend to update these
forward-looking statements.
© 2008 Hewlett-Packard Development Company,
L.P. The information contained herein is subject to change without
notice. HP shall not be liable for technical or editorial errors or
omissions contained herein.
