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SEC Said to Start Inquiry Into Hurd’s Exit From HP

The U.S. Securities and Exchange Commission has begun an inquiry into Mark Hurd’s departure as chief executive officer from Hewlett-Packard Co., two people familiar with the matter said.

The people declined to be identified because the inquiry hasn’t been made public. The securities regulator is looking into whether Hurd leaked information about HP’s planned acquisition of Electronic Data Systems Corp. to a contractor, the Wall Street Journal reported yesterday.