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HP board unanimously rejects Xerox\'s bid to acquire the com

 
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PostPosted: Wed Nov 20, 2019 5:16 am    Post subject: HP board unanimously rejects Xerox’s bid to acquire the comp Reply with quote

HP's board of directors said Sunday that they unanimously rejected a proposal from Xerox to acquire the company, because the offer is not in the best interest of shareholders and would undervalue HP. Xerox had offered HP $22 per share in its takeover bid for the company. The bid consists of 77% cash and 23% stock, or $17 in cas...read more
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