Thursday, March 21, 2002
Compaq shareholders overwhelmingly vote to merge
Posted by Ed Hansberry in "NEWS" @ 06:32 AM
http://news.moneycentral.msn.com/ticker/article.asp?Symbol=US:CPQ&Feed=PR&Date=20020320&ID=1504943
"Shareholders of outstanding common stock of Compaq Computer Corp. CPQ approved the merger of Compaq with Hewlett-Packard Company HWP at a special meeting held here today. The Compaq merger vote carried by a nine-to-one margin."
So I guess we are just waiting for the final HP vote to be tallied, which could take up to four weeks, but I suspect we'll know by next Friday at the latest. By the way, this is not really a merger, despite what they are calling it. I don't think I've ever seen a true merger. This is an acquisition of CPQ by HWP.
"Shareholders of outstanding common stock of Compaq Computer Corp. CPQ approved the merger of Compaq with Hewlett-Packard Company HWP at a special meeting held here today. The Compaq merger vote carried by a nine-to-one margin."
So I guess we are just waiting for the final HP vote to be tallied, which could take up to four weeks, but I suspect we'll know by next Friday at the latest. By the way, this is not really a merger, despite what they are calling it. I don't think I've ever seen a true merger. This is an acquisition of CPQ by HWP.
