- Taking an important step toward its breakup on Nov. 1, HP (NYSE:HPQ) has filed paperwork with the SEC that outlines the balance sheet - based on the past performance of its Enterprise Group - of a new corporate technology company called Hewlett Packard Enterprise.
- According to the document, the entity had revenue of about $55B and total assets of $65B in the fiscal year ended in October.
- The second company resulting from the split, HP Inc., isn't obligated to file a similar disclosure document because it is considered the parent company.
- SEC Form 10