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Hewlett-Packard Knocks Merger Opponent's Credentials

Author:

Hewlett-Packard

(HWP)

sent a letter to its shareholders reiterating its reasons for the proposed merger with

Compaq

TheStreet Recommends

(CPQ)

and questioning the experience and qualifications of the company's founder's son, Walter Hewlett, a key opponent of the deal.

The letter focuses on the long process of deliberation that went into designing the deal and argues in favor of building a technology powerhouse by combining the two companies. It also challenges Hewlett's management insights, calling him "a musician and academic."

The company letter comes in response to an earlier letter sent out by Hewlett arguing that the merger is flawed and shareholders should vote against it.