HP Counters Xerox with Buy-Back Program, Announces First-Quarter Results
“… it’s abundantly clear the revised Xerox proposal meaningfully undervalues HP, creates significant risk and compromises the future of our company,” said HP CEO Enrique Lores.
Category: Featured Posts
Icahn Insists Xerox Management Must Lead a Merged HP-Xerox
“It is of paramount importance that John Visentin and his team are the surviving management of the combined company.”
Here’s How HP Could Stop Xerox’s Hostile Takeover Bid
With the raising of its acquisition offer for HP to $24 per share last week, Xerox firmly put the ball......
Xerox to ‘Wine and Dine’ HP Shareholders
The push comes after Xerox increased its acquisition offer for HP last week by $2 to $24 per share, an offer it will make early next month.
This Week in Imaging: Konica Minolta, Ricoh IT Services May Be Silver Lining
This week we reported on Ricoh Company’s latest financial results – the period consisting of the last nine months of......
Wall Street Analysts Weigh In on Xerox’s Bid for HP
“We continue to … believe that the debt load of the combined entity would be burdensome.”
Profits, Office-Equipment Sales Down for Ricoh
Sales generated by the Office Printing group decreased by 6.0 percent year-over-year.
This Week in Imaging: China Slowdown, Tariffs, Cited for Lower Revenues
Depending on the severity of the Coronavirus, Japanese companies, as well as HP Inc., Xerox, and Lexmark – are all now vulnerable to disruptions in their supply chains and sales in China, a key market, because of the crisis.
Profits Up for Fujifilm, Issues Generally Optimistic Forecast
Fujifilm Holdings of Japan announced financial results for the first nine months of its fiscal year, with the first nine......
HP Power of Print Highlights Workflow, Security, Digital Disruption, Contractual Business
While enhancing its home and office offerings, HP also continues to move outside of these markets to pursue disruption in other industries – including industrial and commercial 2D printing, and industrial 3D-printing.
HP: Xerox Hostile Takeover Bid Driven by Carl Icahn; Denounces Xerox Board Nominations
“Due to Mr. Icahn’s ownership position (in both Xerox and HP), he would disproportionately benefit from an acquisition of HP by Xerox at a price that undervalues HP.”
It’s Official: Xerox to Nominate 11 to HP Inc. Board
“We believe HP shareholders will be better served by a new slate of independent directors who understand the challenges of operating a global enterprise and appreciate the value that can be created by realizing the synergies of a combination with Xerox.”
Lexmark Expands A3 Copier/MFP Lineup
The new models are designed to bring enterprise-level features and performance to the entry-level A3 market.
This Week in Imaging: Expanding Printing Applications and Digital Solutions
This week again gave us another glimpse into how vendors are expanding from a slowing office-printing market. First, expand the......
Canon Begins 2020 with Third Managed Print Services Contract
The contracts are held by Canon U.S.A., but will be fulfilled by Canon’s network of authorized dealers to provide sales and services.
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