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Meg Whitman has been CEO less than a week, but Hewlett-Packard (HPQ) is already moving to...

Meg Whitman has been CEO less than a week, but Hewlett-Packard (HPQ) is already moving to keep activist investors off her back. WSJ reports H-P has hired Goldman Sachs (GS) to advise it on defending against pressure from such investors who could push for big changes such as replacing the board or seeking a sale. HPQ +2% premarket.
Comments (1)
  • deercreekvols
    , contributor
    Comments (5145) | Send Message
     
    Great job hiring GS. They know everything there is to know about defending against pressure from investors. Maybe Meg Whitman can ask someone at GS what happened to their fund that lost $11B. The investors in that fund are still looking for a reason that the best of the best could lose so much in one fund.
    GS will be perfect for giving advice. Their CEO can recommend a wonderful defense attorney.
    1 Oct 2011, 08:19 PM Reply Like
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