Monday, July 21, 2008

Shareholders Petition Court to Delay EDS/Hewlett-Packard Merger Vote, Announces Baron & Budd, P.C.

DALLAS--(BUSINESS WIRE)--At a hearing scheduled by Collin County District Judge Greg Brewer on July 24, shareholders of Dallas-based Electronic Data Systems (EDS) will be asking the Court to postpone the July 31 shareholder meeting

It looks like stockholders are questioning the sell price of the deal - because of the increase in revenues and better EDS profit over the past 12 months.

They want more money.

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