ISS verdict goes HP's way

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GLOBAL - Institutional Shareholder Services (ISS) is backing the $25bn merger between computer giants Hewlett-Packard (HP) and Compaq, a decision dissident shareholder Walter Hewitt claims will "destroy stockholder value".

ISS, the influential proxy voting service, has given its blessing to the controversial merger despite reservations. According to ISS, the HP/Compaq management’s version of what will happen to the c...

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