Date: Thursday September 29, 2011 08:49:51 am
- This topic has 0 replies, 1 voice, and was last updated 9 years, 9 months ago by
.
Viewing 1 post (of 1 total)
-
Posts
-
Hp Hires Goldman Sachs To Defend Against Activist Investors
According to a Wednesday Wall Street Journal report, computer and printer maker Hewlett-Packard Company has contracted financial services firm Goldman Sachs to help protect the company against activist investors amid a brutal company shake-up.Reportedly, Goldman will advise H-P on defense strategies to circumvent potential activist investor intervention. A so-called “poison pill” strategy could be in the works to protect shareholders from an outside investor’s attempts to wrest control of the company.
Goldman Sachs did not issue a comment on the story, while H-P simply noted that it has relationships with multiple investment banks for various purposes.
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.