http://www.thestandard.com/node/106357/comments comments feed. en BULLETIN - HP to buy EDS for $13.9 billion http://www.thestandard.com/news/2008/05/13/bulletin-hp-buy-eds-13-9-billion <p><!--paging_filter--> <p>HP said Tuesday morning that it has signed a deal to acquire IT outsourcer EDS for US$13.9 billion, or $25.00 per share.</p> <p>The deal has been approved by both companies' boards of directors, and is expected to close in the second half of this year.</p> <p>HP said it will more than double its services revenue.</p> <p>(more to follow)</p> http://www.thestandard.com/news/2008/05/13/bulletin-hp-buy-eds-13-9-billion#comments Corporate Issues IDGNS Mergers &amp; acquisitions Mergers &amp; Acquisitions Services Breaking News Tue, 13 May 2008 04:44:04 -0700 IDG News Service 106357 at http://www.thestandard.com