by stefanie | Dec 16, 2019 | Around the Industry
Miami firefighters pension fund sue Carl Icahn over HP Inc deal. The Miami Firefighters Relief and Pension Fund who are Xerox shareholders have sued fellow Xerox shareholder Carl Icahn and his investment company Icahn Capital LP and High River Limited, alleging they...
by stefanie | Nov 7, 2019 | City News
HP confirms they have had talks with Xerox and have received the Xerox proposal. HP issued the following statement yesterday (Nov 6th): “As reviewed at HP’s most recent Securities Analyst Meeting, we have great confidence in our multi-year strategy and our ability to...
by David Connett | Nov 6, 2019 | City News, UKCRA feed
Just a day after announcing the Xerox Fujifilm settlement, Xerox considers a bid for HP that would leverage Xerox into the number 1 printer brand position. Yesterday The Recycler reported that Xerox expects to receive a $2.3 billion (€2 billion) payout from exiting...
by stefanie | Jan 21, 2019 | City News
Essendant has revealed that the Federal Trade Commission’s final approval of the takeover has been postponed due to the federal government shutdown commencing 22 December 2018. As the Worcester Business Journal reports, Ric Phillips, the President and CEO of...
by Owen Collins | Oct 23, 2018 | City News
Negotiations between the office equipment supplier’s creditors and those of its proposed buyer, Staples Solutions, have collapsed. As a result of the breakdown in talks, the company’s shares have plunged by 27.5 percent, with shares losing 83 percent of their value...