Tag: HP

Here you will find all the articles with the tag: HP.

HP Support Assistant still has vulnerabilities despite patches

HP Support Assistant still has vulnerabilities despite patches

Of a dozen vulnerabilities found in HP Support Assistant, three are still present in the standard software installed on HP computers running Windows as OS. HP computers come standard with HP Support Assistant, which monitors the device in use. Among the features provided by Support Assistant is ... Read more

date4 years ago
Xerox shuts down acquisition of HP in light of corona virus

Xerox shuts down acquisition of HP in light of corona virus

Printer manufacturer Xerox recently stopped bids to acquire HP, but the company did make offers to individual shareholders to sell their stock to Xerox. A few days after HP's call to discontinue those attempts, Xerox announced that it is stopping all attempts, for the time being. HP turned down ... Read more

date4 years ago
HP asks shareholders to ignore Xerox bid during corona crisis

HP asks shareholders to ignore Xerox bid during corona crisis

The intended acquisition of HP by Xerox was paused by the latter. However, the group does offer HP shareholders a high fee for handing over shares. In times of crisis due to the corona virus, HP calls on its shareholders to disregard the offer. While HP has declined all of Xerox's offers, Xerox ... Read more

date4 years ago
Xerox pauses HP takeover attempts due to corona virus

Xerox pauses HP takeover attempts due to corona virus

Xerox's attempts to take over HP, which in the meantime turned into a hostile takeover, have been halted until further notice. The company's attention could be better focused on the problems surrounding COVID-19. According to Xerox, the escalating COVID-19 pandemic makes other issues more import... Read more

date4 years ago
Xerox officially starts hostile takeover of HP

Xerox officially starts hostile takeover of HP

The company offers 24 dollars per share from HP, which is about 21.60 euros per share. After a series of slightly more friendly attempts, Xerox has now definitively decided to make a hostile bid. According to the company, a takeover would definitely offer more progress for HP. Xerox first announ... Read more

date4 years ago
HP wants to avoid Xerox acquisition with ambitious multi-year plan

HP wants to avoid Xerox acquisition with ambitious multi-year plan

In an effort to avert an acquisition by Xerox, HP will be rolling out a plan over the next three years to relaunch the company 'to the top of their game'. In the period from 2020 to 2022, HP plans to distribute approximately sixteen billion dollars to its shareholders. Earlier, HP issued a share... Read more

date4 years ago
HP presents shareholder rights plan to halt Xerox acquisition

HP presents shareholder rights plan to halt Xerox acquisition

HP has put in place a plan that explicates the rights of shareholders to prevent Xerox from acquiring the company. The document is intended to give shareholders increased control in the event of a takeover of more than 20 percent of HP's shares by an outside party. Xerox previously threatened to... Read more

date4 years ago
Xerox refuses to quit, adds three billion to new HP acquisition bid

Xerox refuses to quit, adds three billion to new HP acquisition bid

The soap opera that is the acquisition of HP by Xerox now has a new chapter: Xerox has increased its bid by 3 billion to some 36.5 billion dollars (about €33.4 billion euros). The Register is able to report this today. The new bid amounts to about 24 dollars per share, instead of the 22 dollar... Read more

date4 years ago
Xerox plans drastic reorganisation of HP’s board of directors

Xerox plans drastic reorganisation of HP’s board of directors

Xerox has announced that it will nominate 11 new members to HP's board of directors in an effort to proceed with the planned acquisition of HP. This highlights once again that Xerox's takeover plans have become quite hostile. Xerox's attempts to take over HP have failed so far. In November last ... Read more

date4 years ago
HP again refuses Xerox bid and claims undervaluation

HP again refuses Xerox bid and claims undervaluation

After another attempt to charm HP with a $24 billion financing commitment, Xerox again received a negative response. According to HP, an important element surrounding a potential collaboration was not properly understood. For some time now, Xerox has been addressing HP shareholders directly, hop... Read more

date4 years ago
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