HP/COMPAQ: Mid-March date set for merger vote

Hewlett-Packard on Tuesday announced that a shareholder meeting to vote on the company's proposed merger with Compaq will take place in mid-March.

HP shareholders on record as of January 28 will be allowed to vote on the deal during a March 19 meeting held in Cupertino, California, according to an HP statement.

The meeting will be closely watched as Hewlett and Packard family heirs have said they plan to vote against the merger. The families and related organisations control close to 18 per cent of HP stock. A number of large institutional investors, however, said they are optimistic about the deal and plan to vote in favour of the merger.

Compaq also announced on Tuesday that it will hold a shareholders' meeting one day after the HP session. The company will have its merger vote on March 20 in Houston.

Shareholders on record as of January 28 will be allowed to vote. In addition, Compaq will mail out a proxy statement to investors on February 6 containing information about the deal and voting procedures.

The European Commission has approved the deal, as have Canadian regulators. The two companies, however, are still awaiting approval from the US Federal Trade Commission.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Ashlee Vance

Computerworld
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?