HP Enterprise Can't Sell Itself - 08-07-2015
- Here's another interesting tidbit buried in a 316-page report filed to the SEC about HP's plans to separate itself into two companies.
The new HP Enterprise company won't be able to sell itself for two years.
This restriction is part of the tax-free status that the separation will get.
Specifically, the report says that HPE will be "prohibited under the tax matters agreement" from "entering into any transaction pursuant to which all or a portion of the shares of Hewlett Packard Enterprise common stock would be acquired."
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