Xerox bows out of HP take over

Xerox bows out of HP take over

Xerox announced yesterday that it is withdrawing its tender offer to acquire HP and its Director nominations. In its statement, Xerox said that the current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an...
COVID-19: Xerox slows down HP purchase

COVID-19: Xerox slows down HP purchase

Xerox released a statement related to COVID-19 and its proposal to acquire HP. Xerox Holdings Corporation issued the following statement: “In light of the escalating COVID-19 pandemic, Xerox needs to prioritize the health and safety of its employees, customers,...
Xerox seek shareholder approval for HP deal

Xerox seek shareholder approval for HP deal

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...
Xerox adds another nominee to the HP Board

Xerox adds another nominee to the HP Board

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...
Please say no asks the HP board

Please say no asks the HP board

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...