VotetheHPWay.com
Well this is perhaps the most self-serving sight I’ve seen in a while (mine not withstanding). Basically it seems that the people in charge of the merger, the same people who will benefit the most from the merger, are doing everything in their power to get it done. This includes advertising to the shareholders.
Personally, I have no idea if the HP-Compaq merger ill be a good or bad thing. I wonder who will step down if the merger doesn’t go through.
One line grabs my attention:
We will achieve annual cost savings of $2.5 billion, adding $5 to $9 in present value to each HP share; and increase earnings per share by 13% during the first year following the merger.
How much of that will be a elimination of duplication among the employees? If I were a shareholder and an employee, I’d investigate further.