HP Inc

Xerox Holdings Corp (NYSE:XRX) Secures Financing $24 Billion For Proposed Acquisition of HP Inc. (NYSE:HPQ)

Xerox Holdings Corp (NYSE:XRX) has announced that it has secured financing of around $24 billion for its proposed $33 billion acquisition of HP Inc. (NYSE:HPQ). HP is opposing the deal, and in November, it turned down Xerox’s offer of $22 per share, saying that it undervalued the printer and copier maker. Xerox took acquisition proposal […]

Xerox (NYSE:XRX) Take $33 Billion Acquisition Offer Directly To HP (NYSE:HPQ) Shareholders

Xerox Holdings (NYSE:XRX) has said that it is holding on the $33 billion acquisition offer for HP Inc. (NYSE:HPQ). The company has warned that it could directly take the matter to shareholders on Monday. Xerox threatens to take acquisition offer to HP stockholders The announcement from Xerox comes days after the printer and computer maker […]

HP Inc. (NYSE:HPQ) Declines Xerox’s (NYSE:XRX) $33.5 Billion Acquisition Bid

In recent times HP Inc. (NYSE:HPQ) has received various buyout offers, but the company is not yet ready to give up its independence. The company rejected a bid by Xerox Holdings Corp (NYSE:XRX) to acquire the company at $33.5 billion. HP rejects the bid because of undervaluation The company rejected the offer to buy it […]

New CEO Of HP Inc (NYSE:HPQ) Aims To Save $1 Billion Annually By Reducing Staff Of Up to 9,000

Enrique Lores, the new Chief Executive Officer of HP Inc (NYSE:HPQ), unveiled restructuring plans that could save $1 billion annually and improve printer and ink sales. If implemented, around 9,000 employees would lose their jobs. The new restructuring initiative would slash the HP rankings by 16%. Eliminate 9,000 jobs in 3 years According to a […]