US computer giant Hewlett-Packard has completed its
$18.6bn merger with Compaq, it said on Friday. On that
date, HP
will begin rolling out product plans, announce more senior
managers HP CEO Carly Fiorina Compaq CEO Michael Capellas
as well as Goldman Sachs, and start the process of cutting
some 15,000 jobs, about 10% of the new company's workforce.
Though the tie up was inconvenience for their share holders,
the two CEO's are very much comfortable.
After the Merger they become unseparable for ever.............. |