by stefanie | Mar 20, 2020 | World Focus
In another twist and turn in the Xerox – HP takeover bid, HP shareholders challenge the boards “trust us” position. The class action complaint, filed in the state of Delaware, by James Gould and other HP shareholders against the HP board. The complaint alleges that...
by stefanie | Mar 6, 2020 | Around the Industry
The HP Board unanimously recommended HP shareholders not tender shares into the Xerox offer because the Board believes the Xerox offer meaningfully undervalues HP and disproportionately benefits Xerox shareholders. The announcement follows a period of consultation by...
by stefanie | Mar 3, 2020 | World Focus
Yesterday Xerox announced it has launched a tender offer to acquire all outstanding shares of HP for $24 (€21.58) per share in cash and stock. To finance the tender offer, Xerox has entered into an amended and restated commitment letter to add MUFG, PNC, Credit...
by stefanie | Feb 1, 2019 | City News
Following the news that Staples’ acquisition of Essendant has been approved with conditions, Staples has now announced the successful completion of the tender offer for all outstanding Essendant shares. Staples, Inc. and Essendant Inc. have announced the successful...
by stefanie | Jan 28, 2019 | City News
As Staples’ acquisition of Essendant continues to be postponed due to the USA’s federal government shutdown, the pair are providing another tender offer extension. Staples, Inc. and Essendant Inc. have announced that, pursuant to the Merger Agreement, Egg Merger Sub...
