Xerox Ends Hostile Takeover Bid for HP Inc., Withdraws Board Nominees
The decision comes as a rare loss for investor Carl Icahn, who is the majority shareholder in Xerox and was instrumental in stopping Fujililm’s acquisition of Xerox in 2018.
Tagged: Carl Icahn
This Week in Imaging: Did Canon Just Derail Xerox’s HP Acquisition Bid?
This week, the big news didn’t come from either Xerox or HP Inc. – with Xerox, as expected, making a......
HP Advises Shareholders to Reject Xerox’s Latest Offer
HP said a new combined company would have an “irresponsible capital structure, premised on unrealistic synergies estimates.”
HP Board Reviewing New Xerox Offer
HP Inc. today confirmed that Xerox Holdings has made a new unsolicited offer to acquire all outstanding shares of HP......
HP Claims ‘Slow Growth’ at Xerox; Says Icahn Expressed Interest in Buying HP
According to an HP regulatory filing, in negotiations with HP, Xerox CEO Visentin is said to have expressed concerns that Xerox was out of growth opportunities and must either expand through an acquisition or be acquired itself.
HP Counters Xerox with Buy-Back Program, Announces First-Quarter Results
“… it’s abundantly clear the revised Xerox proposal meaningfully undervalues HP, creates significant risk and compromises the future of our company,” said HP CEO Enrique Lores.
Icahn Insists Xerox Management Must Lead a Merged HP-Xerox
“It is of paramount importance that John Visentin and his team are the surviving management of the combined company.”
Here’s How HP Could Stop Xerox’s Hostile Takeover Bid
With the raising of its acquisition offer for HP to $24 per share last week, Xerox firmly put the ball......
This Week in Imaging: Winning the Hearts and Minds of HP Shareholders
At HP Inc.’s next shareholders’ meeting – the date of which it hasn’t yet been announced – HP shareholders will......
HP Derides Xerox’s Latest Earnings Report, Says Xerox is of ‘Questionable Value’
In the battle for the hearts and minds of HP shareholders, HP Inc., which is the target of a Xerox-Carl......
HP: Xerox Hostile Takeover Bid Driven by Carl Icahn; Denounces Xerox Board Nominations
“Due to Mr. Icahn’s ownership position (in both Xerox and HP), he would disproportionately benefit from an acquisition of HP by Xerox at a price that undervalues HP.”
It’s Official: Xerox to Nominate 11 to HP Inc. Board
“We believe HP shareholders will be better served by a new slate of independent directors who understand the challenges of operating a global enterprise and appreciate the value that can be created by realizing the synergies of a combination with Xerox.”
Xerox Seeking Takeover of HP Inc. Board
HP has twice rejected a $33 billion acquisition offer from Xerox, stating that the the offer, which amounts to $22 per share, undervalues it.
Would a Xerox Acquisition of HP Really be Good for HP? Not Likely
While cutting costs has helped Xerox’s share price, has focusing on cutting costs ever resulted in the kind of new technology and innovation that both companies need?
Icahn Likely to Nominate HP Directors in Pursuit of HP Acquisition
As we head into the holidays, all is quiet on the HP-Xerox front. As it stands, Xerox is now appealing......
