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.
Tagged: Carl Icahn
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......
This Week in Imaging: Winning the Hearts and Minds of HP Shareholders
At HP Inc.’s next shareholders’ meeting – the date of which it hasn’t yet been announced – HP shareholders will......
HP Derides Xerox’s Latest Earnings Report, Says Xerox is of ‘Questionable Value’
In the battle for the hearts and minds of HP shareholders, HP Inc., which is the target of a Xerox-Carl......
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.”
Xerox Seeking Takeover of HP Inc. Board
HP has twice rejected a $33 billion acquisition offer from Xerox, stating that the the offer, which amounts to $22 per share, undervalues it.
Would a Xerox Acquisition of HP Really be Good for HP? Not Likely
While cutting costs has helped Xerox’s share price, has focusing on cutting costs ever resulted in the kind of new technology and innovation that both companies need?
Icahn Likely to Nominate HP Directors in Pursuit of HP Acquisition
As we head into the holidays, all is quiet on the HP-Xerox front. As it stands, Xerox is now appealing......
Investor Sues Ichan, Alleging He Bought HP Shares Knowing of Xerox Bid
The group filed the lawsuit in New York state court in Manhattan on December 13th.
Xerox Makes New Offer, Appeals Directly to HP Shareholders
“This is a compelling proposal that immediately increases the value of your investment in HP….”
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.”
This Week in Imaging: Inkjet – What Could Go Wrong?
It turns out, not much. In the inkjet department, this week’s big news was Epson America’s introduction of its new...
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......
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