Posted AT 7:10 PM EDT on 12/05/08
HP in talks to buy EDS
SAN FRANCISCO — Hewlett-Packard Co. is negotiating to buy technology services provider Electronic Data Systems Corp. in a deal that could help the world's largest personal computer maker snap up more consulting and data management contracts.
Palo Alto, Calif.-based HP and Plano, Tex.-based EDS confirmed the talks Monday shortly after The Wall Street Journal reported a deal could be reached as early as Tuesday.
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