Meiguohuipugongsi 11, indicated that the billion acquisition of 3Com network equipment manufacturers, the dealer has acquired two companies approved by the Board of Directors, which is expected to be completed in the first half of 2010. On the same day, HP announced fourth quarter and preliminary results exceeded Wall Street expectations.
HP's acquisition of 3 COM transaction is expected to be slightly weaken the 2010 financial year adjusted earnings. The company indicated that the valuation of the 3Com is 7.90 u.s. dollars per share, representing the unit Wednesday closing price premium of $ 5.69 39%.
Data show that HP's fourth quarter earnings per share for 99 cents, a year-on-year earnings per share is 84 cents; does not include restructuring and acquisition-related expenditures, the company's fourth quarter earnings per share is estimated at $ 1.14, higher than the year-on-year from $ 1.03. HP Chairman and Chief Executive Officer Hart said, performance's strong showing from China market business growth.
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