The Raid ยท HJ-043
The Chairman's Son Fought The Merger In Public. The Vote Came Down To A Few Thousand Shares.
In September 2001, HP announced a controversial $25 billion acquisition of Compaq, opposed by board member Walter Hewlett, who argued it would harm HP's business. The shareholder vote in March 2002 was razor-thin, with only a few thousand shares deciding the outcome amidst allegations of vote-counting irregularities.
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