Icahn Fires First Shot at HP Inc. Board
Icahn directly attacks the HP board of directors, stating that they are practicing delay tactics “aimed at attempting to preserve the lucrative positions of the CEO and members of the board.”
Icahn directly attacks the HP board of directors, stating that they are practicing delay tactics “aimed at attempting to preserve the lucrative positions of the CEO and members of the board.”
Our prediction: expect an Ichan proxy war with HP’s board and get ready for some fireworks.
Cloud / HP / Mobile Print/Scan / News
by Kathleen Wirth · Published November 25, 2019 · Last modified December 9, 2019
Justifying the move, Google says it’s improved the native printing experience for Chrome OS, and will continue adding features to native printing.
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.
Amazon / Canon / HP / Imaging Supplies / Patent-Infringement
by Kathleen Wirth · Published November 21, 2019
This week, Canon Inc. of Tokyo, Japan, announced a slew of actions designed to remove from the marketplace third-party toner......
The Xerox-HP Inc. saga continues, with Xerox today publishing a letter to members of the HP Inc. Board of Directors......
Canon / Epson / HP / Imaging Supplies
by Kathleen Wirth · Published November 21, 2019 · Last modified December 3, 2019
The European Toner and Inkjet Remanufacturers Association (ETIRA), an industry trade association, recently issued a press release criticizing a white......
On Sunday, HP Inc.’s board of directors rejected Xerox’s offer to buy it out for $33.5 billion, or $22 per......
Canon / Epson / HP / Inkjet / Market Reports & Forecasts
by Kathleen Wirth · Published November 19, 2019 · Last modified December 3, 2019
HP Inc. (excluding Samsung) maintained its leadership in the printer/MFP market with a market share of 38.0 percent.
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.”
3D Printing / HP / News
by Kathleen Wirth · Published November 14, 2019 · Last modified December 3, 2019
The firm also reported that last year, companies produced more than 18 million parts with HP Multi Jet Fusion 3D printing.
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.
Featured Posts / HP / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published November 11, 2019
However, Bloomberg characterized the issues between the two companies as “potentially intractable disagreements.”
Brother / Canon / Epson / HP / Inkjet / Market Reports & Forecasts / Xerox
by Kathleen Wirth · Published November 11, 2019 · Last modified November 19, 2019
However, the A4 color MFP market is increasing at a high rate and for the first time these shipments were higher than A4 monochrome MFP shipments.
Featured Posts / Fuji Xerox / HP / Konica Minolta / Kyocera / News / Ricoh / Sharp / Toshiba / Xerox
by Kathleen Wirth · Published November 8, 2019
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.
Acquisitions / Featured Posts / HP / Xerox
by Kathleen Wirth · Published November 6, 2019 · Last modified November 7, 2019
Today, according to The Wall Street Journal, Xerox, which stands to reap $2.3 billion from a pending sale of its......
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