Hewlett-Packard on Friday released a letter to shareholders bashing dissident board member Walter Hewlett for his opposition to the company's planned acquisition of Compaq Computer
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.
Authors of new books on the intrigue surrounding the HP-Compaq merger, Peter Burrows and George Anders, assess the personal battle between Carly Fiorina and Walter Hewlett.
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.
Putnam Investments, a large institutional holder of Hewlett-Packard shares, publicly announced that it will vote in favor of HP's US$22 billion merger with Compaq Computer.
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.
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.
HP believes that retaining executive talent is what will make the Compaq merger succeed. But history shows that heroes with lofty resumes aren't always enough to turn things around.
Hewlett-Packard has made its first new product introductions since merging with Compaq Computer.
Major computer retailers who offer both Compaq Presarios and Hewlett-Packard Pavilion desktops should drop one line or the other.
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