PALO ALTO, Calif.—The board members of Hewlett-Packard Co. say they will enthusiastically support the company’s merger with Compaq, in spite of the objections of family members of Walter Hewlett to the deal.
“The Board thoroughly analyzed this transaction and unanimously concluded this is the very best way to deliver the value our shareowners expect,” said Dick Hackborn, former chairman and executive vice president of HP.
