HP says Xerox securing financing not basis for takeover talks
Share:
(Reuters) - HP Inc said on Wednesday that Xerox Holdings Corp securing financing for its $33.5 billion (25.6 billion pounds) takeover offer for the personal computer maker is not a basis for a discussion and reiterated that the proposal still undervalues the company.The U.S.-based printer maker had said on Monday it secured $24 billion in financing for the proposal, a deal that HP is opposing. "Your letter dated January 6, 2020 regarding financing does not address the key issue – that..