02.03.2015 16:21:00
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Hewlett-Packard Company -- Moody's says Hewlett-Packard's Baa1 rating not affected by credit positive acquisition of Aruba Networks
New York, March 02, 2015 -- Moody's said Hewlett-Packard's Baa1 long-term and Prime-2 short-term ratings (ratings under review down) are not affected by the company's credit positive announcement that it has agreed to acquire Aruba Networks, Inc. for $2.7 billion. Subject to regulatory and other approvals, the transaction is expected to close in the second half of fiscal 2015.