Hewlett Family Won't Vote for H-P-Compaq Deal
Shares of Hewlett-Packard (HWP ) were higher after the Hewlett family, which holds a 5% stake in the technology concern, said it will vote against the proposed merger of H-P and Compaq Computer (CPQ ). The family says H-P will create more value as a stand-alone entity. Compaq shares moved lower on the news.
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