During the months that followed, and as the value of the merger ebbed--it now stands at less than $20 billion--Fiorina, Hewlett and Capellas pitched their cases at analyst meetings and with institutional shareholders. Fiorina and Capellas became familiar faces on national television and business news channels, while Hewlett hired a team of advisers to speak against it. David Packard, son of HP's other founder, remained largely quiet, with only an occasional word on the legacy of his father. He resurfaced late in the game with surveys showing HP workers opposing the deal, but managed to stay clear of HP's crosshairs. So HP reserved its harsh words for Hewlett, who was bashed in press releases and proxy filings. "Walter Hewlett, an heir of HP co-founder Bill Hewlett, is a musician and academic who oversees the Hewlett family trust and foundation," the company said in a letter to shareholders in January.