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Hewlett Packard's board of directors denied Monday that it pressured Walter Hewlett to vote for its $24.6 billion bid for Compaq Computer at a meeting in September 2001. Hewlett, who is now fighting the merger, recently said that he privately opposed the deal from the start, and voted for the tie-up only because HP would have been forced to pay a higher price if the board's decision had been anything other than unanimous.
January 08, 2002 at 12:00 AM
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