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HP-Compaq Merger at `General Stockholders Meeting of the Century`

HP-Compaq Merger at `General Stockholders Meeting of the Century`

Posted March. 21, 2002 09:00,   

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After the general stockholders meeting of Hewlett-Packard, called `a general stockholders meeting of the century,` Carly Fiorina, Chairman and Chief Executive Officer of HP who had led the merger, is announcing that votes for merger exceeded votes against. However, the founder`s family of HP, which had objected to the merger, insisted on waiting until the final result comes out. The conflicts between the founder`s family and the managements concerning the merger are not likely to be calm down in a few days.