Palm stockholders approve HP buyout, merger expected to close on July 1st

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Doing my part for the iPhone 4 "death grip" meme

With all of the hubbub about HP buying Palm back in April, you may have thought the whole deal went down months ago. In actuality, there’s a fairly hefty, many-months-long legal process that has to be followed before all is said and done. During that time, HP’s not even allowed to hint at how Palm should be doing business.

Said process, it seems, is just about over.

Palm has just filed a Form 8-K with the SEC indicating that the majority of their stockholders have approved the merger. With that obstacle out of the way, it’s mostly clear sailing — as long as there are no surprise hangups, Palm says the merger ought to be a done deal by July 1st, 2010.

WebOS tablet, here we come!

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