Judge dismisses HP merger lawsuit
C|Net | at | by Mike
A Delaware judge ruled Tuesday that Hewlett-Packard's shareholder vote was legal, paving the way for the company to complete its merger with Compaq Computer. HP CEO Carly Fiorina has said that the company hopes to launch the combined company May 7. However, she must wait for a recount and challenge of the preliminary shareholder tally, which showed HP winning by a 45 million vote margin out of some 1.6 billion cast--a difference of only about 3 percent of the votes cast.