HP rejects Xerox's $35 billion hostile takeover bid

clock • 2 min read

The takeover would disproportionately benefit Xerox shareholders, HP believes, and leave behind a company overburdened with debt

PC abd printer maker HP Inc has rejected Xerox's unsolicited $35bn takeover bid, saying it undervalued the company. In a statement, Palo Alto, California-based company said that Xerox's offer "m...

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