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.”
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.”
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.
by Kathleen Wirth · Published November 8, 2019 · Last modified November 19, 2019
The sale of its stake, puts an end to Xerox’s 57 year-old joint venture with Fujifilm.
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......
Acquisitions / Featured Posts / Fuji Xerox / HP / News / Xerox
by Kathleen Wirth · Published November 6, 2019
For months, many of us had speculated that HP Inc. may buy Xerox. These speculations were based on Xerox investor......
Financial News / Fuji Xerox / Xerox
by Kathleen Wirth · Published November 5, 2019 · Last modified November 19, 2019
Fujifilm of Japan today reported that its board of directors has approved a definitive agreement with Xerox to purchase Xerox’s......
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.
by Kathleen Wirth · Published November 1, 2019 · Last modified November 11, 2019
While office print volumes continue to gradually decline, one thing that probably won’t decline any time soon is transactional printing....
Xerox also said its multi-year Project Own cost-cutting program contributed $640 million of savings so far in 2019.
Canon / Featured Posts / Fuji Xerox / HP / Imaging Supplies / Konica Minolta / Managed Print & Document Services / News / Xerox
by Kathleen Wirth · Published October 18, 2019 · Last modified October 28, 2019
There’s always a chance that HP’s primary competitors in the lower end, Epson and Brother, could drastically cut model prices in order to try to undercut HP.
Featured Posts / Fuji Xerox / News / Xerox
by Kathleen Wirth · Published October 15, 2019 · Last modified October 16, 2019
Fujifilm will focus on its healthcare business, as its copier business is said to slow. But its Chairman and CEO Shigetaka Komori still has Xerox on his mind.
by Kathleen Wirth · Published October 11, 2019 · Last modified October 16, 2019
Xerox announced today the appointment of Martin Bachant as president of Xerox Canada Ltd. He will report to Mike Feldman,...
by Kathleen Wirth · Published October 4, 2019 · Last modified October 10, 2019
What’s propelled A4 in the market is first that A4 machines cost about half that of A3, and second, that many enterprises have come to realize that they don’t require A3 print and copy as much as they had thought.
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