Hewlett-Packard (HPQ) Extends Expiration on Autonomy Tender Offer

Hewlett-Packard Co. (NYSE: HPQ) updates on its $10 billion bid to acquire Autonomy Corporation plc.

From an SEC filing:

• HP confirmed that (i) filings have been made in the United States under the Hart-Scott-Rodino Antitrust Improvements Act 1976 and in Austria, Germany and Ireland in relation to the conditions of the Offer, and (ii) the waiting period under the HSR Act expired with respect to the Offer on September 2, 2011.
  
  
• As of 1:00 p.m. (London time) on September 12, 2011, HP Vision had received valid acceptances of the Offer with respect to 101,577,809 Autonomy shares, representing approximately 41.62 percent of the existing issued share capital of Autonomy. Those acceptances include those received with respect to 22,190,066 Autonomy shares (representing approximately 9.09 percent of the existing issued share capital of Autonomy) pursuant to irrevocable commitments procured by HP Vision from certain members of the Board of Directors of Autonomy who held Autonomy shares.
  
  
• The Offer, which remains subject to the terms and conditions set out in the Offer Document, has been extended to, and will remain open for acceptance until, 10:00 a.m. (London time) on October 3, 2011.

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