by stefanie | Mar 11, 2020 | World Focus
Xerox filed another preliminary proxy statement for its planned special meeting to approve share issuance in HP transaction. Xerox Holdings Corporation announced that it filed a preliminary proxy statement with the United States Securities and Exchange Commission...
by stefanie | Mar 9, 2020 | Around the Industry
The company filed a preliminary proxy statement supporting its slate of nominees to HP’s Board, and adds Erroll B. Davis, Jr. to its list. Xerox Holdings Corporation announced that it filed a preliminary proxy statement with the United States Securities and Exchange...
by stefanie | Mar 6, 2020 | Around the Industry
The HP Board unanimously recommended HP shareholders not tender shares into the Xerox offer because the Board believes the Xerox offer meaningfully undervalues HP and disproportionately benefits Xerox shareholders. The announcement follows a period of consultation by...
by stefanie | Mar 5, 2020 | Around the Industry
In a new twist Canon has announced that it will end 35 years of cooperation with HP if the Xerox deal to acquire HP goes ahead. CEO and Chairman Fujio Mitarai told Nikkei Asian Review that Canon would end the 35-year relationship with HP citing “a takeover [of...
by stefanie | Mar 3, 2020 | World Focus
Yesterday Xerox announced it has launched a tender offer to acquire all outstanding shares of HP for $24 (€21.58) per share in cash and stock. To finance the tender offer, Xerox has entered into an amended and restated commitment letter to add MUFG, PNC, Credit...
