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Lawsuit tries to block HP-EDS merger
There are many questions regarding the announced sale of EDS to HP, including what it means for their respective tech staffs, the direction of the new merged company and the new shape of global IT services landscape. But some people are trying to put a stop to this marriage before it is even consummated.
The Utah-based Intermountain Ironworkers Trust Fund has filed suit alleging the sale is unfair to EDS shareholders. A similar suit by an EDS shareholder has been filed in Delaware. It remains unclear how the lawsuits will develop or whether they will slow or impact the merger in any way.
For more on this merger:
- see this silicon.com article
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