Compaq intends to aggressively drive its strategy of expanding our services capabilities, stated Peter Blackmore, Compaq executive vice president, Worldwide Sales and Services. However, at this time, we don’t feel current economics warrant increasing our bid for Proxicom.
Compaq Declines to Increase Its Offer to Acquire Proxicom
COMPANY PRESS RELEASE: Compaq Computer Corporation announces its decision not to increase its offer to acquire Proxicom, Inc.