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Xerox to Keep Pursuing HP Despite Poison Pill Plan

Art Post · 2/24/207:52 PM

(The Mercury News/TNS) - Xerox said Friday that it intends to push ahead with its efforts to acquire HP despite the Palo Alto-based company adopting a shareholders’ rights plan meant to stymie Xerox’s unsolicited buyout attempt. Xerox’s comments are the latest in what has been a three-month-long effort by the printing and imaging company to acquire HP. Xerox’s current offer values HP at $24 a share, or $34 billion in cash and Xerox stock. “We believe HP shareholders appreciate that the value...

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The End of The Day With Ray! The Poison Pill

Art Post · 2/24/2010:14 PM

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Xerox to Keep Pursuing HP Despite Poison Pill Plan

The End of The Day With Ray! The Poison Pill

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