Short Take: Compaq-DEC deal to face EC inquiry
Compaq's proposed buyout of Digital Equipment is likely to face a full inquiry by European antitrust regulators, perhaps delaying the buyout until July, analysts and lawyers told Bloomberg. The European Commission is expected to decide early next week whether to extend its deadline for regulatory approval by four months. A Compaq spokesman said the company plans to close the deal during the second quarter.
Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
proposed buyout of Digital Equipment is likely to face a
full inquiry by European antitrust regulators, perhaps delaying the buyout
until July, analysts and lawyers told Bloomberg. The European Commission is
expected to decide early next week whether to extend its deadline for
regulatory approval by four months. A Compaq spokesman said the company
plans to close the deal during the second quarter.
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