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MAR 10, 2013 - Business Insider

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New York Pension Fund Wants To Oust Two Hewlett-Packard Directors (HPQ)

Some of HP's investors are deeply disturbed by the company's "ill-advised acquisitions" and want to fire at least two board members at the company's annual meeting later this month, according to documents filed with the SEC. After markets closed on Friday, New York City Comptroller John Liu announced that the New York City Pension Funds will vote against the reelection of two of HP's directors: John Hammergren and G. Kennedy Thompson. The pension fund owns 5.5 million shares of HP,  a stake of less than 0.3 percent, reports the AP's Michael Liedtke. Last month, four of HP's board ... Read More

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