Adds that he doesn't believe Hewlett's suit will delay the merger
Charles Wolf - Analyst at Needham & Co.
Mercury News 3/28
"Have forecasts changed since the first forecast when the deal was announced in September? Yes. Of course they have,'' he said. "Should it be a surprise to anybody that they are lower? No. If you have less revenues, are you going to be laying off more people? Of course. That's what a good management team does.''
Dan Niles - Analyst with Lehman Brothers, said changes in HP's estimates shouldn't surprise anyone
Mercury News 3/28
"The difference between inducing, persuading, convincing and coercing is a thin line'' - Hewlett's allegation will be "difficult to prove without Deutsche Bank backing it up.''
Ken Scott - Professor emeritus of law and business, at Stanford University
Mercury News 3/28
"There are legal arguments to be made on both claims, but Hewlett will have a tough time making his case ... although there are laws against buying votes, it will be tough to prove that's what occurred in the Deutsche Bank case ...
Many vendors decide for their own commercial interest to vote for or against a deal ... Not every vote is going to be pure, nor is that part of the game."
Mary Ann Jorgenson - Coordinator of the business practice for corporate law firm Squire, Sanders & Dempsey
CNET 3/28
"I really applaud the guy for taking a shot on an issue that may not have legal ramifications, but certainly has moral ramifications"
Charles Wolf - Analyst at Needham & Co.
NY Times 3/29
"It's a perfectly plausible lawsuit, if you can prove the allegations"
Jesse Choper - Law professor at the University of California at Berkeley
NY Times 3/29
"Deutsche Bank consistently participates in HP deals at a co-arranger level"
Meredith Coffey - Analyst at debt data specialist Loan Pricing Corp. in New York.
LA Times 3/29
"If he can prove an actual exchange of remuneration for votes, I think he has a very strong case. But I think that's pretty unlikely"
Reinier Kraakman - Harvard Law School professor and corporate law specialist
LA Times 3/29
