If you thought big tech mergers were over, there may be another one brewing. Be sure to focus on the term "may"" in that. The WSJ has reported that Hewlett-Packard (NYSE: HPQ) is in advanced talks to acquire Electronic Data Systems Corporation (NYSE: EDS) for between $12 Billion and $13 Billion. CNBC has just now covered this as well.
You can also sign up for our open email distribution list to see about other mergers, secondary offerings, IPO’s, break-ups, spin-offs, and more.
H-P is down 2% at $47.94 today, and its market cap is $118 Billion. EDS shares are trading up 25% now at $23.54 and its market cap after this pop is just under $12 Billion; its 52-week trading range is $15.71 to $29.13.
Stay tuned….
Jon C. Ogg
May 12, 2008
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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