HP3000-L Archives

February 2002, Week 3

HP3000-L@RAVEN.UTC.EDU

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Subject:
From:
Wirt Atmar <[log in to unmask]>
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Date:
Wed, 20 Feb 2002 19:46:48 EST
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Gavin writes:

> Wirt writes:
>  > It's my understanding that HP has to obtain more than 60% of the
>  > vote for the merger to win approval.
>
>  I had heard this, but the latest thing I read indicated that only a simple
>  majority was required.

Well, it just goes to show that you can't trust anything you read or hear
nowadays. But if Gavin's correct, the HP Board still has a substantial uphill
battle if they are to clear 50%. They must win the favor of 61% of the
remaining votes, which is going to be a struggle. In HP's own polls of its
employees ("which plan do you favor, kid? nudge. nudge. wink. wink."), they
just barely clear that hurdle.

Wirt Atmar

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