topicmaker Veteran
Joined: 28 Feb 2006 Posts: 24881
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Posted: Wed Nov 20, 2019 5:16 am Post subject: HP board unanimously rejects Xerox’s bid to acquire the comp |
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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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