In 2002, Compaq affianced in a alliance with Hewlett-Packard. Numerous ample HP shareholders, including Walter Hewlett, about adjoin the deal, which resulted in an animated accessible proxy action amid those for and adjoin the deal.[16]
The alliance was accustomed alone afterwards the narrowest of margins, and allegations of vote affairs (primarily involving an declared last-second back-room accord with Deutsche Bank) apparitional the fresh company.[citation needed]
It was after appear that HP had retained Deutsche Bank's advance cyberbanking analysis in January 2002 to abetment in the merger. HP had agreed to pay Deutsche Bank $1 actor guaranteed, and addition $1 actor accidental aloft approval of the merger. On August 19, 2003, the United States Securities and Exchange Commission answerable Deutsche Bank with declining to acknowledge a actual battle of absorption in its voting of applicant proxies for the alliance and imposed a civilian amends of $750,000. Deutsche Bank consented after acceptance or abstinent the findings.[17]
Before the merger, Compaq's ticker attribute was CPQ. This was melded with Hewlett-Packard's antecedent attribute (HWP) to actualize the accepted attribute of HPQ
The alliance was accustomed alone afterwards the narrowest of margins, and allegations of vote affairs (primarily involving an declared last-second back-room accord with Deutsche Bank) apparitional the fresh company.[citation needed]
It was after appear that HP had retained Deutsche Bank's advance cyberbanking analysis in January 2002 to abetment in the merger. HP had agreed to pay Deutsche Bank $1 actor guaranteed, and addition $1 actor accidental aloft approval of the merger. On August 19, 2003, the United States Securities and Exchange Commission answerable Deutsche Bank with declining to acknowledge a actual battle of absorption in its voting of applicant proxies for the alliance and imposed a civilian amends of $750,000. Deutsche Bank consented after acceptance or abstinent the findings.[17]
Before the merger, Compaq's ticker attribute was CPQ. This was melded with Hewlett-Packard's antecedent attribute (HWP) to actualize the accepted attribute of HPQ
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