Defending a merger; Hewlett-Packard and Compaq react to critics

Article Abstract:

HP and Compaq argued that their merger would create new efficiencies in computer production and allow the combined company to pursue markets in the services industry in addition to hardware. Together, HP and Compaq will be a dominant player in the PC, server, printer and information technology services industries. HP CEO Carly Fiorina said she expects to see $2.5 billion in savings from the merger by eliminating redundancies in the two companies.

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Executive bonuses included in the Hewlett-Compaq deal

Article Abstract:

If the merger between Hewlett Packard and Compaq Computer Corp. succeeds, senior executives from both concerns will be given bonuses totaling $55 million. In a gesture of goodwill, though, both of the CEO's, Carleton S. Fiorina and Michael D. Capellas will not participate in the bonus.

Electronic computers, Electronic Computer Manufacturing, Asset sales & divestitures, Acquisitions & mergers, Computers & Auxiliary Equip, Personnel administration, Human resource management, Company acquisition/merger, Compensation and benefits, Executives, Executive compensation, Company personnel management

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Gone Fishing, but Reachable Through E-Mail

Article Abstract:

The State of California has reached an agreement with SBC Communications to bring wireless internet access to eighty five state parks.

Government domestic functions, Contracts & orders received, Communications, Broadcasting and Telecommunications, Telephone Communication, Services introduction, New Products/Services, California, Land, mineral, wildlife conservation, Contracts & orders let, Nature Parks and Other Similar Institutions, Parks & Recreation Areas, Telecommunications services industry, Telecommunications industry, AT&T Inc., Contracts, Communications industry, Contract agreement, Company service introduction, Service introduction, Government communications regulation, Parks, Telecommunications policy, Wi-Fi

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