HP Blasts ‘Aggressive,’ ‘Hostile’ Xerox Letter – Rejects Offer Again
While HP is still leaving open the possibility for an HP-Xerox combination, that possibility is appearing smaller and smaller as the possibility of a proxy war looms ahead.
Category: Featured Posts
Xerox Urges HP Buyout, Threatens Hostile Takeover
The Xerox-HP Inc. saga continues, with Xerox today publishing a letter to members of the HP Inc. Board of Directors......
HP and Xerox – Now What?
On Sunday, HP Inc.’s board of directors rejected Xerox’s offer to buy it out for $33.5 billion, or $22 per......
New Epson Heat-Free Inkjet Printing, 100-PPM WorkForce Enterprise Models
Epson says its new heat-free inkjet printing revolutionizes the market with a fast first page out time, high-quality printing, low power consumption, and high-capacity ink supplies.
HP Rejects Xerox Buy-Out Offer
HP stated that its board of directors “unanimously concluded” that Xerox’s offer (approximately $33 billion) “significantly undervalues HP and is not in the best interests of HP shareholders.”
This Week in Imaging: Why Xerox Probably Won’t Be Acquiring HP
Continuing our thoughts from last week, we’re going to go out on a limb and say we think it unlikely...
Icahn Discloses Holding in HP, Urges Merger
Carl Icahn, who was largely responsible for the derailment of last year’s proposed Xerox-Fuji Xerox merger, has disclosed that he now owns a 4.2 percent in HP Inc., which is worth approximately $1.2 billion.
Mixed Financial Results for Fujifilm, But Raises Forecast
Fresh off its recent acquisition of Xerox’s 25-percent in Fuji Xerox, giving Fujifilm 100-percent ownership of Fuji Xerox, Fujifilm reported......
Bucking Trend, Toshiba TEC Posts Upbeat Financial Results
Profits reached record highs, according to Toshiba TEC.
Toshiba Reports Strong Profits for Second Half
On November 13th, Toshiba Corporation of Tokyo, Japan, reported its highest quarterly profit in two years, with its energy and infrastructure......
Xerox Urges HP Acquisition, Citing Consolidation Benefits
However, Bloomberg characterized the issues between the two companies as “potentially intractable disagreements.”
This Week in Imaging: Will Fuji Compete with Xerox – and Will Xerox Acquire HP?
The goal of Icahn and Deason isn’t to create the world’s largest copier/printer company, but instead appears to drive the Xerox share price to $40 and then sell.
HP Statement on Possibly Being Acquired by Xerox
Today, according to The Wall Street Journal, Xerox, which stands to reap $2.3 billion from a pending sale of its......
In Twist, Sources Say Xerox Now Considering Buying HP Inc.
For months, many of us had speculated that HP Inc. may buy Xerox. These speculations were based on Xerox investor......
In Big Shakeup, Xerox to Exit Fuji Xerox Partnership
Once the deal goes through, it appears that the 113-year-old iconic American photocopier company will no longer be making copiers, MFPs, or printers but will instead be sourcing them from other companies.
Challenging First Half for Konica Minolta, Slashes Forecast
Konica Minolta said a stronger yen versus the Euro, U.S.-China trade fiction, and a slowing Chinese economy led to declining revenues for its Office Business and Professional Print businesses.
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