Securities and Exchange Commission
and the U.S. Attorney's Office have asked
to provide information about the company's contact with
prior to the shareholder vote on the computer and printer maker's proposed merger with
H-P board member Walter Hewlett, the son of one of the company's co-founders, has been trying to have H-P investigated for potentially persuading Deutsche Bank, its 11th-largest institutional shareholder, to change its position at the last minute and vote in favor of the merger.
Hewlett filed a lawsuit last month in Delaware and asked a court in that state to consider whether the Deutsche Bank's votes or the entire vote on the planned merger should be discarded.
On April 1, H-P filed a motion to get Hewlett's lawsuit dismissed, but a Delaware judge ruled that the case can go forward.
Hewlett has been strongly opposed to the merger, and the final outcome of the merger vote isn't yet known. H-P executives declared an early victory, but Hewlett said the vote was too close to call.
In recent trading, H-P was up 0.7% to $17.92, and Compaq was gaining 1.5% at $10.13.
H-P said it was fully cooperating with both inquiries.