HP-Xerox: It all started with a phone call…

HP-Xerox: It all started with a phone call…

A recent regulatory filing by HP suggests that Xerox and HP were in private conversations about the merger ahead of the official take-over bid and how Icahn is interested in a quick resolution. In a recent SEC report filing, HP disclosed that “on 12 August 2019, Carl...
Xerox ups the anti to $24 a share

Xerox ups the anti to $24 a share

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...
HP responds to Xerox’s nominations

HP responds to Xerox’s nominations

Yesterday, Xerox confirmed the nominees for Board members it is planning to put forward at HP’s 2020 annual meeting, HP immediately countered with a statement calling it a “self-serving tactic by Xerox to advance its proposal”. HP Inc. confirmed that Xerox Holdings...
Xerox-HP: next moves?

Xerox-HP: next moves?

In November, Xerox offered to buy HP for $22 (€19.84) a share, which HP’s board members rejected unanimously. After several “Dear John” letters and promises from Xerox to talk to shareholders, things are heating up according to the Wall Street Journal, who report that...