HP Hires Goldman to Guard Against Activists
Hewlett-Packard Co. has hired Goldman Sachs Group Inc. to help the company defend itself against possible activist investors who could push for change at HP, people familiar with the matter said.
HP has felt vulnerable to possible activist investor pressure amid questions about the company’s performance and strategic direction, the people said. The concerns intensified earlier this month when Leo Apotheker was ousted as chief executive and replaced by Meg Whitman.
