Business
Lawsuits are unlikely to stop EDS deal
07:15 AM CDT on Monday, June 2, 2008
Shareholder lawsuits seeking to stop the sale of Plano-based Electronic Data Systems Corp. to Hewlett-Packard Co. probably won't have any effect on the deal, analysts said Friday after the latest suit was announced.
The most recent suit was filed by Dallas law firm Baron & Budd PC on behalf of the Intermountain Ironworkers Trust Fund. But Joe Vafi, an analyst at Jefferies & Co., said that the current offer from H-P seems fair and that the suits won't go far without the participation of larger shareholders.
Latest News
Latest Video
Spotlight
Data: See how Dallas-area companies stack up
Biggest D-FW public firms
Biggest private firms
Biggest corporate employers
Executive pay at top D-FW firms
Popular Stories







You must be logged in to contribute. Log in | Register Now!
You are logged in as screenname | Log Out
You are logged in, but do not have a "screen" name. Create a Screen Name