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Xerox prepares to take HP buyout bid hostile

The company logo for Xerox is displayed on a screen on the floor of the NYSE in New York
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(Reuters) - Xerox Corp said on Tuesday it was planning to take the $33.5 billion (£26 billion) buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for deal talks."We plan to engage directly with HP shareholders to solicit their support in urging the HP Board to do the right thing and pursue this compelling opportunity," Xerox said in a letter..
Date Published: Nov 26, 2019
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