with fellow shareholder Darwin Deason to sink Xerox’s $6.1 billion merger with Fujifilm before taking control of the board and installing a new CEO, John Visentin. Fujifilm launched a $1 billion lawsuit in response before dropping it Tuesday. TheIf the HP deal will actually go through. Following the failed merger attempt, Xerox
it would sell its 25% share in Fujifilm. The sale will net Xerox $2.3 billion. Visentin said during a Tuesday earnings call that Xerox is in a good position to make deals of all sizes.Xerox was founded as The Haloid Photographic Company in 1906. And Hewlett-Packard was founded in 1939, before splitting into HP and Hewlett-Packard Enterprise Co. in 2015. Both Xerox and HP became household names over the decades.
Remember when monopolies were illegal?
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Xerox reportedly planning a cash-and-stock offer for HPThe board discussed the possibility on Tuesday, sources told the Journal, adding that Xerox has an informal funding commitment from a bank. Copy that Xerox photo copying cash as we speak. Who needs digital.
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Xerox is reportedly mulling a blockbuster takeover of HPHP is more than three times Xerox's size, and a cash-and-stock offer would ring in at a premium to HP's $27 billion market value. Xerox still exists? 😆
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Xerox Considers Takeover Offer for HPXerox is considering a takeover offer for HP, people familiar with the matter say, a move that would unite two fading stars of technology Kinda like if Burger King bought KFC. Who cares. that's like me saying i am going to take my own brain over media HPX
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Xerox considers takeover offer for PC maker HP: WSJXerox Holdings Corp is considering making a cash-and-stock offer for personal co... Surprised that Xerox could afford HP. Good idea
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Xerox is reportedly mulling a blockbuster takeover of HPHP is more than three times Xerox's size, and a cash-and-stock offer would ring in at a premium to HP's $27 billion market value. Xerox still exists? 😆
Source: BusinessInsider - 🏆 729. / 51 Read more »