Dissenting Hewlett sells HP stock
The Hewlett Foundation, which opposes the proposed Sircam merger with Compaq, has sold 5.5 million shares in HP and an undisclosed number in HP's Agilent division. It leaves the Foundation, controlled by leading merger dissident Walter Hewlett, holding 36.5 million shares. As these are voting shares, Hewlett has less clout than he did before the sale.
04 Jan 08:47 |