FTC Grants Approval for Hewlett-Packard’s Palm Acquisition

HP is crossing its t’s and dotting its i’s on its way to fully acquiring Palm. On June 1, the FTC granted HP early termination of a waiting period, moving the process on to a June 25 vote by Palm shareholders.

“The proposed merger remains subject to other customary closing conditions,” states a document filed with the Securities and Exchange Commission, “including the approval of Palm’s stockholders.”

The stockholders have scheduled a special meeting for Friday, June 25, to vote on the proposed merger.

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CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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