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...
by stefanie | Feb 25, 2020 | City News
As the to and fro of the hostile takeover continues HP said it is reaching out to Xerox to explore if there is a combination that creates value for HP shareholders that is additive to HP’s strategic and financial plan. HP Inc. (HP) recently announced a multi-year...
by stefanie | Feb 21, 2020 | Around the Industry
The Board of Directors of HP Inc. adopted a shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of HP common stock. The Board adopted the rights plan following the announcement by Xerox Holdings...
by stefanie | Feb 13, 2020 | Around the Industry
The company has announced that it wants its shareholders to have the full picture before it responds to Xerox’s latest offer. HP Inc. will present a live audio webcast of a conference call to review financial results for the first fiscal quarter ended 31 January 2020...
by stefanie | Jan 24, 2020 | Around the Industry
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...
