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...
Xerox acquires Digitex Canada

Xerox acquires Digitex Canada

The company is looking to grow its presence in the North American SMB Market through its acquisition of Digitex Canada. Xerox has acquired Digitex Canada, the largest independent services, software and technology provider in Western Canada. “We’re...
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...
Xerox launches tender offer, HP says it will review

Xerox launches tender offer, HP says it will review

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...