PALO ALTO, CA -- Hewlett-Packard Company (NYSE:HWP) today announced that it completed its merger transaction with Compaq Computer Corporation (NYSE:CPQ - news) as planned. The trading of Compaq common stock will be suspended before the opening of the market on May 6, 2002, and HP will begin trading under the new NYSE symbol HPQ. The launch for the new HP will take place on May 7, 2002.