by David Connett | Feb 10, 2020 | City News
As the to and fro of the deal continues, Xerox has increased its offer to $24 (€21.92) per share. Xerox has announced its intention to launch a tender offer on or around March 2, 2020, for all of the outstanding shares of common stock of HP Inc. at a price of $24.00...
by stefanie | Jan 24, 2020 | Around the Industry
Yesterday, Xerox confirmed the nominees for Board members it is planning to put forward at HP’s 2020 annual meeting, HP immediately countered with a statement calling it a “self-serving tactic by Xerox to advance its proposal”. HP Inc. confirmed that Xerox Holdings...
by stefanie | Jan 22, 2020 | Around the Industry
In November, Xerox offered to buy HP for $22 (€19.84) a share, which HP’s board members rejected unanimously. After several “Dear John” letters and promises from Xerox to talk to shareholders, things are heating up according to the Wall Street Journal, who report that...
by stefanie | Jan 20, 2020 | Around the Industry
Ryan Sullivan shared on Twitter that after he cancelled his $4.99 (€4.50) charge from HP only labelled “Instant Ink”, his printer stopped working. Ryan Sullivan bought a HP printer over a year ago and seemingly unknowingly to him, he subscribed to the HP Instant Ink...
by stefanie | Jan 9, 2020 | City News
In the latest peacock strutting spat between HP and Xerox, HP again rejects Xerox’s takeover bid stating the funding does not reflect HP’s real value. HP sent the “Dear John” letter to Xerox on 8 January in response to Xerox’s we got the money, lets talk, letter dated...
