Wednesday, April 07, 2010

3Com = Done Deal

ITEM 7.01 Regulation FD Disclosure
On April 7, 2010 3Com Corporation and Hewlett-Packard Company received approval of HP’s acquisition of 3Com from China’s Ministry of Commerce under China’s Anti-Monopoly Law. This approval is the last of the required regulatory approvals. The parties expect to close the transaction on or about April 12, 2010.

I backed up the truck in this risk arb play and it's going to be a nice payoff… :)


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