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  • April 2004 (Revised September 2004)
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Hewlett-Packard-Compaq: The Merger Decision

By: Krishna G. Palepu and Jonathan Barnett
  • Format:Print
  • | Pages:32
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Abstract

Hewlett-Packard's proposed $24 billion acquisition of rival Compaq marked the largest merger in the history of the computer industry. The merger was Hewlett-Packard's response to sweeping changes impacting the technology industry. The severity of the stock market's reaction to the deal's announcement, coupled with a "slim but sufficient" 51.4% shareholder approval margin, left many wondering whether the deal was beneficial for shareholders.

Keywords

Cost vs Benefits; Mergers and Acquisitions; Business and Shareholder Relations; Computer Industry; Technology Industry

Citation

Palepu, Krishna G., and Jonathan Barnett. "Hewlett-Packard-Compaq: The Merger Decision." Harvard Business School Case 104-048, April 2004. (Revised September 2004.)
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About The Author

Krishna G. Palepu

Accounting and Management
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Related Work

    • January 2008
    • Faculty Research

    Hewlett-Packard-Compaq: The Merger Decision (TN)

    By: Krishna G. Palepu
Related Work
  • Hewlett-Packard-Compaq: The Merger Decision (TN) By: Krishna G. Palepu
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