Bloomberg claims H-P's (HPQ) oft-criticized board replaced Leo Apotheker with Meg Whitman in...

|About: HP Inc. (HPQ)|By:, SA News Editor

Bloomberg claims H-P's (HPQ) oft-criticized board replaced Leo Apotheker with Meg Whitman in large part because it was afraid its plummeting stock price made it vulnerable to a bid from Oracle (ORCL), which has been weighing such a move. If so, the move didn't pan out, as H-P shares quickly gave up their gains from the Apotheker firing. (earlier)