[link|http://www.nando.net/technology/story/330045p-2772014c.html|It just goes on and on, my friends]
Excerpt:
NEW YORK (March 28, 2002 3:49 p.m. EST) - Hewlett-Packard's
management improperly enticed a large institutional investor to
change sides and support HP's hotly contested $19 billion merger
with Compaq Computer Corp., a lawsuit filed Thursday claims.
The move "tainted more than enough votes to swing the election in
favor of the merger," said the lawsuit, filed by Walter Hewlett, the HP
director who led the five-month campaign against the combination.
After the vote last week, HP said it had won approval by a slim
margin for biggest merger ever in the computer industry. Although
final results won't known for weeks, the margin of victory is thought
to be less than 1 percent, the lawsuit said.
The suit asks the court to invalidate votes in favor of the merger and
declare the combination defeated, or order a new vote...
The lawsuit claims a division of Deutsche Bank originally decided to
vote more than 25 million shares against the merger.
But the bank changed course and switched as many as 17 million
votes in favor of the combination at the last minute because it was
worried about losing out on future business with HP, according to the
lawsuit, filed in Delaware Chancery Court in Wilmington, Del.
I say:
What next, dangling chads?