Tuesday, March 19, 2002
HP declares victory (and no you can't see the votes)
Posted by Jason Dunn in "NEWS" @ 05:05 PM
http://theregister.co.uk/content/7/24492.html
Although The Register isn't known for accuracy in reporting, the results of the Compaq-HP merger don't surprise me that much if this is true. And I have a hunch that Jornada line will bite the dust 24 months from now when it's all said and done. Pity - I quite like my Jornada!
"Hewlett-Packard today declared its victory in the proxy battle to takeover Compaq by a small majority. It bases this on a tally of the votes from major institutional shareholders. So all you retail shareholders, your proxy votes are important only insofar as the size of the majority.
So it's all over bar the counting? Not quite, Walter Hewlett Jr, the dissident director and son of a founder, who led the battle to stop the merger, refuses to concede defeat to Princess Fiorina just yet. The count is expected to take up to four weeks to complete." Source: Christopher Coulter
Although The Register isn't known for accuracy in reporting, the results of the Compaq-HP merger don't surprise me that much if this is true. And I have a hunch that Jornada line will bite the dust 24 months from now when it's all said and done. Pity - I quite like my Jornada!
"Hewlett-Packard today declared its victory in the proxy battle to takeover Compaq by a small majority. It bases this on a tally of the votes from major institutional shareholders. So all you retail shareholders, your proxy votes are important only insofar as the size of the majority.
So it's all over bar the counting? Not quite, Walter Hewlett Jr, the dissident director and son of a founder, who led the battle to stop the merger, refuses to concede defeat to Princess Fiorina just yet. The count is expected to take up to four weeks to complete." Source: Christopher Coulter
