Walter B. Hewlett has been anything but silent about his adamant displeasure of the proposed merger of Hewlett-Packard and Comaq. Now he is taking his public discourse to a new level. In a series of newspaper ads appearing February 22 in The Wall Street Journal, New York Times, Washington Post and other major dailies, Hewlett charges that "HP management has a track record of being overly optimistic and sometimes wrong." The ad also criticizes H-P CEO Carly Fiorina for having "never led a transaction of this scale or complexity, but does have a record of failed integration and acquisitions attempts." Hewlett is using the ad to pressure H-P employees to use their stock to veto the deal. H-P still expects its $87 billion merger with Compaq to be approved by shareholders.
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