Xerox still pushing for HP takeover

Art PostAdmin VIP

WHECTV
Updated: December 29, 2019 07:19 PM
Created: December 29, 2019 07:14 PM

(WHEC) — Xerox's multi-billion dollar plan to buy office company HP could be headed for a new go-round.

Xerox has been offering $33.5 billion to buy the company since November, but HP's board has rejected their offer.

However, according to a report in finance magazine Barron's, HP is in a window in which stockholders will be able to replace board members until mid-January. A new board may give the proposed deal a second look.

Xerox has been pushing to buy HP saying the printer industry needs to consolidate.

https://www.whec.com/news/repo...ver/5593125/?cat=565

12/30/199:59 PM

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