HP3000-L Archives

December 2001, Week 3

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Peter da Silva <[log in to unmask]>
Reply To:
Peter da Silva <[log in to unmask]>
Date:
Sat, 15 Dec 2001 18:31:33 -0600
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In article <[log in to unmask]>,
John Pollard <[log in to unmask]> wrote:
> "Greg Cagle" <[log in to unmask]> wrote
> > > The reason that I ask this is that if the HP-Compaq merger doesn't
> > > happen then apparently the party that calls off the nuptials has to
> > > pay the other $625,000,000 USD or so.  Does any of this come out
> > > of Carly's severance package?

> > One more time - the penalty does not take effect if the shareholders
> > vote the merger down. Only if the Board decides to back out.

> Interestingly, Mr. Hewlett seems intent on forcing the latter.

Possibly he considers the delay involved in taking it to a vote will cause
more damage to HP than either merging with Compaq or paying them US$625M.

--
 `-_-'   In hoc signo hack, Peter da Silva.
  'U`    "A well-rounded geek should be able to geek about anything."
                                                       -- [log in to unmask]
         Disclaimer: WWFD?

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