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The European Commission approved Hewlett-Packard's $23.5 billion acquisition of Compaq Computer on Thursday without requiring divestitures, reviving optimism among investors, equity analysts and company insiders about the deal's prospects. The merger has been in doubt since its announcement in early September, and support for the deal eroded during a proxy battle launched by HP board member Walter Hewlett.
January 31, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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