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SEC to probe Hurd's exit from HP

Last Updated 21 December 2010, 15:13 IST

“Federal regulators are investigating Mark Hurd’s departure from HP that includes an examination of a claim he shared inside information,” The Wall Street Journal said.

SEC is checking whether Hurd, now co-President of Oracle Corp, passed information about HP’s US$13.9 billion acquisition of EDS Corp in 2008 to former HP event hostess.

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(Published 21 December 2010, 15:13 IST)

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