A formal tally showed that Hewlett-Packard shareholders voted narrowly to approve a merger with Compaq Computer, but opponents refused to concede defeat.
Hewlett-Packard and Walter Hewlett tout their backers as shareholders prepare to cast their votes
Compaq Computer shareholders have voted 9-to-1 in favour of a deal which may see Hewlett-Packard acquire Compaq, however, the struggle is not over, with the Hewlett family continuing to campaign vigorously against any merger.
Walter Hewlett has filed his formal proxy notice to shareholders of Hewlett-Packard stock--making an official call to vote against the mega-merger between HP and Compaq Computer.
Hewlett-Packard has said in an e-mail to employees that it has fired a worker who admitted to forwarding two company memos to the press.
Compaq Computer shareholders have voted 9-to-1 in favour of a deal which may see Hewlett-Packard acquire Compaq, however, the struggle is not over, with the Hewlett family continuing to campaign vigorously against any merger.
With less than a week remaining before the HP shareholder vote on the proposed acquisition of Compaq, CEO Carly Fiorina is making an all-out effort to persuade fence sitters to support the deal.
As Dell Australia welcomes on board a new managing director, David Miller, we ask for his views on the current PC market in Australia.
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