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Walter Hewlett hires MacKenzie Partners.

The Daily Deal

| November 09, 2001 | COPYRIGHT 2003 The Deal LLC. (Hide copyright information)Copyright

Byline: Charles Sisk in Boston

Walter Hewlett on Nov. 9 hired a proxy advisory firm and Hewlett-Packard Co. canceled a December analyst meeting, the latest signs of trouble for HP's beleaguered bid to buy Houston-based Compaq Computer Corp.

A spokeswoman for Hewlett, son of late HP founder William Hewlett, said Friday that he has hired MacKenzie Partners Inc., a New York-based proxy advisory firm, to help him decide whether to mount a shareholder campaign to defeat the $20 billion stock deal. The Hewlett family holds about 5% of HP's stock.

Separately, HP canceled an analyst meeting scheduled for Dec. 5-6 near its headquarters in Palo Alto, Calif. …

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