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March 2002, Week 2

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Subject:
Re: Merger: BofA to Vote Against H-P/Compaq Deal
From:
Michael Baier <[log in to unmask]>
Reply To:
Michael Baier <[log in to unmask]>
Date:
Wed, 13 Mar 2002 13:53:47 -0500
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Wasn't there an announcement, that most of the top 20 shareholders were for
the merger?

Michael <can't find that announcement>

>> carol darnell <[log in to unmask]> 03/13/02 10:02AM >>>
>According to marketwatch:
>
>ST. LOUIS (CBS.MW) -- Bank of America Capital Management Inc., the fourth-
>largest Hewlett-Packard shareholder, said on Wednesday it plans to vote the
>shares it controls against H-P's proposed acquisition of Compaq Computer.
>
>"We did our analysis, looked at it, and decided the deal won't be
>beneficial to H-P shareholders," said Joe Fazzino, a BofA spokesman. "It
>puts too much of H-P's business in a commodity business, that being PCs."
>
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