Great summary here: “If the impasse lasts to the meeting, investors will be faced with a tough decision. They could stay with the status quo, which includes HP’s recent tradition of restructuring the business about once a year, while promising this will be the change that makes a difference. The other option is merging two declining businesses and tossing in a bucketload of more debt, with yet another new management team and a new board loaded with appointees from activist investor Carl Icahn, who is behind the hostile shenanigans and is unlikely to stop the restructuring.”
Full article here: https://www-marketwatch-com.cdn.ampproject.org/c/s/www.marketwatch.com/amp/story/guid/B8C7A2F8-575F-11EA-B9F2-F65DCB4B2578