MERGER: Hewlett-Packard and Palm
Issue:
How do I enter the Hewlett-Packard merger with Palm?
Cause:
Hewlett-Packard completed its merger with Palm on 7/1/2010 for cash.
The HP news release about the completion of the merger can be found at the web address below.
http://h30261.www3.hp.com/phoenix.zhtml?c=71087&p=irol-newsArticle&ID=1443548&highlight=
Resolution:
This merger is an acquisition. Treat it as a sale of Palm for $5.70 per share.
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