Re: The due diligence report wasn't read
Not entirely. Did you read the due diligence document so obligingly provided by the Reg?
It more or less starts off by saying that due to the rules around takeovers and mergers, the accountants were able to obtain very little information about the company. IANAL but it looks at first sight like an immense piece of arse-covering: "We tried to do due diligence but were unable to due to being unable to get the information we needed."
I wonder if the HP finance director read that far and decided she needed to read no further?
The question then becomes what evidence HP **did** rely on in making their bid.
Biting the hand that feeds IT
