Compaq merger approved

Compaq merger approved

There will be no immediate change to the corporate structure of Compaq and Tandem following the approval by the shareholders of both companies to merge. Eckhard Pfeiffer, Compaq's president and CEO, said the combined company was set to become one of the industry's most powerful companies selling computer solutions. A spokesperson for Compaq Australia said it was still too early to say how the two companies would be restructured in Australia after the merger.

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