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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (94984)	1/29/2002 11:29:29 PM
From: Elwood P. Dowd	Read Replies (1) \| Respond to of 97611

HP/Compaq deal set for European approval By Francesco Guerrera and Birgit Jennen in Brussels Published: January 29 2002 20:17 \| Last Updated: January 30 2002 00:22 Hewlett-Packard's $24bn takeover of Compaq is set to be cleared by European antitrust regulators, provided there are no last-minute objections from within the European Commission, according to people familiar with the situation. It is understood that the Commission's competition experts have concluded that the deal between the two US computer groups would not pose serious antitrust problems despite the enlarged group's high share of some European information technology markets. This means the takeover will receive approval from the European regulators on Thursday unless another Commission department raises objections. It is rare for other parts of the Commission to formally challenge the views of the competition unit.