- - Xerox press release stated: “In the past week, HP adopted a poison pill, expanded the size of its board and misrepresented the discussions that led to our offer, none of which will create value for shareholders. We’ve made a compelling offer, and HP should let shareholders decide what is in their own best interest without artificial constraints or factual distortions.”
- HP is reportedly looking into other acquisitions--potentially seeking to combine forces with companies besides Xerox
o HP CEO Enrique Lores gave interview with The Financial Times newspaper and stated; "there are other potential M&A [transactions] that we are constantly analyzing."
o "HP has a very global portfolio and M&A is a way to create value for our shareholders”
o “Consolidation is going to happen in this space” (referring to printers/MFPs).
Original Post