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.
Tagged: Carl Icahn
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......
Investor Sues Ichan, Alleging He Bought HP Shares Knowing of Xerox Bid
The group filed the lawsuit in New York state court in Manhattan on December 13th.
Xerox Makes New Offer, Appeals Directly to HP Shareholders
“This is a compelling proposal that immediately increases the value of your investment in HP….”
Icahn Fires First Shot at HP Inc. Board
Icahn directly attacks the HP board of directors, stating that they are practicing delay tactics “aimed at attempting to preserve the lucrative positions of the CEO and members of the board.”
This Week in Imaging: Inkjet – What Could Go Wrong?
It turns out, not much. In the inkjet department, this week’s big news was Epson America’s introduction of its new...
HP and Xerox – Now What?
On Sunday, HP Inc.’s board of directors rejected Xerox’s offer to buy it out for $33.5 billion, or $22 per......
Icahn Discloses Holding in HP, Urges Merger
Carl Icahn, who was largely responsible for the derailment of last year’s proposed Xerox-Fuji Xerox merger, has disclosed that he now owns a 4.2 percent in HP Inc., which is worth approximately $1.2 billion.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
This Week in Imaging: How Will China’s New Tariff Affect Office-Imaging Industry?
Last week, we discussed the United States’ latest imposition of tariffs on Chinese-made goods imported into the United States. This...
This Week in Imaging: Recycling Times Steals Copyrighted Content
Industry trade group, Recycling Times Media, which is based in China and represents the “remanufactured” toner-cartridge industry, continues to illegally post entire articles from Wirth Consulting without permission.
Xerox Getting Closer to Icahn Share-Demand Price
Last week, we explained how, in our opinion, it’s a good bet that HP Inc. will purchase Xerox. While......
Fujifilm Sues Xerox for $1 Billion over Failed Merger Deal
The Xerox-Fujifilm saga continues to roll on, with Bloomberg reporting that today in the U.S. District Court in Manhattan, Fujifilm of......
Fujfilm May Pursue Legal Action Seeking Damages over Terminated Xerox Deal
“Fujifilm disputes Xerox’s unilateral decision to terminate the transaction,” the company said in its statement.
Xerox Calls Off Deal with Fujifilm, Will Install New Leadership
Robert J. Keegan, Charles Prince, Ann N. Reese, William Curt Hunter, and Stephen H. Rusckowski each resigned from the Xerox Board of Directors.
