by David Connett | Feb 28, 2020 | Around the Industry
We have been fixing things since before the dawn of the industrial revolution and fixing and repairing is a way of life for cartridge remanufacturers. Yet consumers have evolved away from repairing things that are broken like smartphones. They are expensive to buy and...
by David Connett | Feb 10, 2020 | City News
As the to and fro of the deal continues, Xerox has increased its offer to $24 (€21.92) per share. Xerox has announced its intention to launch a tender offer on or around March 2, 2020, for all of the outstanding shares of common stock of HP Inc. at a price of $24.00...
by David Connett | Jan 6, 2020 | World Focus
Xerox Holdings Corp. (Xerox) has secured binding financing for its takeover offer for HP Inc. from Citi, Mizuho and Bank of America. Xerox has secured binding financing for its takeover offer for HP Inc. from Citi, Mizuho and Bank of America. The announcement came in...
by David Connett | Dec 26, 2019 | Around the Industry
As 2019 closes we take a look back at the leading stories from the year and one or two quirky news items you might have missed. With most of Europe on a two or possibly three week Christmas break, the silence in the Xerox – HP saga is welcome, though it will re-emerge...
by David Connett | Nov 27, 2019 | World Focus
Revenues are up 0.5% on the year on the back of stronger PC sales, but Q4 printer segment nosedives with net revenues down 6% year over year. Printer hardware units were down 9% and supplies net revenue was down 7%. As the Xerox HP tussle continues, HP 2019 and Q4...