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
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
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
Xerox raises 24 million dollars for HP acquisition
Xerox has entered into a $24 billion financing commitment with three banks for a new takeover bid for PC and printer manufacturer HP.
Xerox has not yet abandoned its efforts to acquire HP. The company is convinced that a merger would be beneficial to both organisations to revitalise their busine... Read more
Xerox makes new HP offer to shareholders
Xerox went to the shareholders of PC and printer manufacturer HP with a new bid for the company. According to Mercury News, on Monday Xerox held a presentation for HP shareholders, in which it offered $17 per share and half of the shares of the resulting merged company.
HP's board had previously... Read more
Top investor advises HP to accept Xerox bid
Carl Icahn, Xerox's largest shareholder and the fifth most important shareholder of HP Inc., considers it self-evident that the two companies need to join forces, and hopes that shareholders will send that message to HP's management.
It is no secret that investor Carl Icahn is a strong supporter... Read more
HP again rejects Xerox bid
HP has once again rejected a takeover bid from Xerox. In a letter to Xerox, the company stated it is not interested. Earlier, HP still let on that there might have been a chance.
HP's letter to Xerox CEO John Visentin is a response to Xerox's letter last week, writes Silicon Angle. At the time, ... Read more
‘Xerox is considering taking over HP’
Xerox is supposedly considering to acquire HP Inc., a company which has more turnover and a greater market value than Xerox. The offer would constitute a full acquisition of the competitor.
Insiders tell The Wall Street Journal that Xerox wants to make an offer of cash and shares for HP. HP now... Read more