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HP/Xerox merger update

Art Post ·
- Xerox nominated 11 directors to HP Inc’s board, the Wall Street Journal reported - Xerox is looking to gain control of HP to force acceptance of $33.5 billion takeover offer - Nominees include: o Betsy Atkins, CEO of Baja Corporation, a venture capital firm o George Bickerstaff, managing director of M.M. Dillon & Co., a leading healthcare and technology boutique investment bank o Carolyn Byrd, CEO of GlobalTech Financial o Jeannie Diefenderfer, CEO of consulting firm courageNpurpose o...
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HP Inc attacks Xerox boardroom shakeup bid

Art Post ·
HP Inc has blasted Xerox’s latest move to initiate a hostile takeover bid, which involves replacing the existing board with 11 new members, claiming that Xerox’s tactics are self-serving. The board nominations being proposed by Xerox include former senior executives from several blue chip companies, including Aetna, United Airlines, Hilton Hotels, Novartis and Verizon. Xerox said the candidates were chosen because of their expertise in overseeing and executing significant company...
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