SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Compaq
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nadine Carroll who wrote (45344)1/26/1999 3:52:00 PM
From: rudedog  Read Replies (2) of 97611
 
Compaq does not have to ask shareholders' permission to sell off divisions of itself
But the officers do have to go before the board, which ought to represent the shareholders - the directors are elected by the shareholders, after all.

CPQ has a very strong board, and the chairman, ben rosen, is known for taking no nonsense. He is after all the guy who fired founder rod cannion. He is a pretty strong proponent of shareholder value, that was the primary reason for cannion's ouster.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News