WSJ News Exclusive | Xerox to Nominate as Many as 11 Directors to HP Board

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Xerox is preparing to nominate as many as 11 directors to HP’s board in an aggressive move to push a $33 billion unsolicited takeover bid for the maker of computers and printers

Xerox Holdings Corp. is preparing to nominate as many as 11 directors to HP Inc.’s board, according to people familiar with matter, in an aggressive move to push a $33 billion unsolicited takeover bid for the maker of computers and printers.

Xerox in recent weeks bought a small HP stake, which gives it the right to nominate directors for elections to be held at the company’s annual meeting this summer, the people said. The deadline for nominations to HP’s board is Friday. Xerox could still decide to not follow through with...

 

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Xerox may attempt to take over HP after a failed merger. equilarinc will track the composition of the Xerox and HP executive teams and directors, as well as thousands of other C-suites and corporate boardrooms. Visit to learn more. $XRX $HPQ

HP is very inefficient and there are millions still in EBITDA improvement opportunities

Can you lower the price of printer ink monopolized industry of computerized printers?

Dang, is Xerox still around?

They finally listened to Steve Jobs fifty years late ;-)

Funny, a few years ago Xerox was miffed when HP decided not to buy them.

What does Xerox do? 🤔

I don't get why Xerox is being so hawkish in it's attempt to aquire HP.

Rooting for HP here.

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