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HP rejects the Xerox bid for at least the time being

HP did not hint that it was open to a better deal. The HP Board told Xerox that "substantial engagement" of executives and access to relevant information could help to gauge the value of a business. So it's not averse to being acquired, but it wants to know that a buyout makes sense. The offer was apparently initiated by activist …

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Bloomberg Potential Presidential Bid: Some 2020 Democrats wary

"And when people look at the White House and see that multimillionaire (President Donald Trump), including the independent, moderate republicans, and how he messes up so many things, I do not think so, they say," Oh, we need someone who is richer. "I do not think so, Jake, I think you have to earn votes and not buy," Klobuchar told …

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Michael Bloomberg's potential bid for 2020 will be hammered online

Michael Bloomberg's potential presidential campaign is becoming increasingly popular on social media – according to Zignal Labs, 62 percent of talks about his 2020 goals are negative. In fact, the most popular tweet is linked to the news that The 77-year-old former mayor of New York City, who may join the crowded field of Democrats, came from his potential rival …

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J & J makes an opioid bid of $ 4 billion as distributors seek a deal

(Bloomberg) – Johnson & Johnson has offered to pay $ 4 billion to settle any claims that the company is accusing of the US opioid epidemic in a potentially larger deal with drug manufacturers and distributors, $ 20 billion could be exceeded. [19659002] J & J's overture followed a proposal by distributors McKesson Corp., Cardinal Health Inc., and AmerisourceBergen Corp. …

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UAW's proposal contradicts GM's bid on Monday.

General Motors Co. is reviewing a counterproposal this morning that the United Auto Workers filed with the Detroit automaker on Friday night. The union's proposal contradicts the offer made by GM on Monday. The offer contained "all of your pending proposals that are standing at the main table and are unexplained," UAW Vice President Terry Dittes wrote in a letter …

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PG & E rejects San Francisco's $ 2.5 billion bid to buy assets

(Bloomberg) – PG & E Corp. rejected a $ 2.5 billion offer from San Francisco to buy the wires of the bankrupt supply giant within the city limits. San Francisco's Offer Significantly Underestimates the Company's Assets and a Deal Would not Be in Sight Bill Johnson, PG & E's CEO, said in a May 7 letter to Mayor London Breed, …

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Taiwan's president rejects China's "one country, two systems" bid

Taiwan's president issued a fierce rebuke on China's offer of a "one country, two systems" formula to unify the self-governing island with the mainland on Thursday, stating that such a framework has brought Hong Kong to the brink of disorder. President Tsai Ing-wen's comments during a National Day speech came under renewed pressure from China to isolate Taiwan internationally by …

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New York Mayor Bill de Blasio drops the bid for 2020

The mayor of New York City, Bill de Blasio, resigned from the 2020 presidential election on Friday and has run out of a long nomination deadline for the Democrats, which has nowhere to go. "It's clearly not my time, so I'll end my presidential campaign," de Blasio said in an interview with MSNBC's "Morning Joe." "We have a chance to …

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