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Tag Archives: HP

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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HP Board unanimously rejects Xerox's offer to acquire the company

Tony Avelar | Bloomberg | Getty Images HP's board of directors announced on Sunday that it had unanimously rejected a proposal by Xerox to acquire the company because the offer was not in the best interests of shareholders and would underestimate HP. Xerox offered $ 22 per share on its tender offer to HP. The bid consists of 77% cash …

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The merger of Xerox and HP is child's play, says Carl Icahn

Activist investor Carl Icahn urges the proposed merger of Xerox Holdings Corp. and HP Inc., arguing that a combination of printer manufacturers could bring big profits to investors. Icahn, which holds a 10.6% interest in Xerox, headquartered in Norwalk, Connecticut XRX + 0.40% told the Wall Street Journal that it also owns 4.24% of HP HPQ, + 0.00% worth about …

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Xerox Plans Cash and Stock Offer for PC and Printer Manufacturer HP: WSJ

Hewlett-Packard Co. products will be on sale Thursday, November 12, 2009 in Shanghai, China. Qilai Shen | Bloomberg | Getty Images The Wall Street Journal reported late Tuesday night that Xerox plans to make an offer for HP's personal computers and printers. The Company's Board of Directors Discussed the Opportunity on Tuesday The matter told the Journal, adding that Xerox …

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Xerox considering tender offer for HP

Xerox Holdings Corp. has sought the acquisition of personal computer and printer HP Inc., A bold move that would unite two fading technology stars. Xerox is considering offering cash and shares to HP, which has a market value of around $ 27 billion, experts say. The copier manufacturer's board discussed the possibility on Tuesday, people said. There is no guarantee …

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Xerox considering tender offer for HP

Xerox Holdings Corp. XRX 4.90% is targeting the acquisition of personal computers and printers HP Inc., HPQ 2.22% A bold move that would unite two fading technology stars A market value of around $ 27 billion, the persons familiar with the matter said , The copier manufacturer's board discussed the possibility on Tuesday, people said. There is no guarantee that …

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HP Introduces Enterprise Chomebooks: AMD and Intel

HP unveiled its first business-focused Chromebooks for mobile enterprise PCs that support advanced security, management, and deployment capabilities. The product range consists of two computers with different configurations: Intel-based Chromebook Enterprise x360 14E G1 Convertibles with 8th generation processors and AMD-based Chromebook Enterprise 14A G5 laptops. HP Chromebook Enterprise 14A G5: An Affordable Business Computer [19659003] HP's entry-level device for …

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Look how purple this 600 hp BMW M8 Gran Coupe is

Image: BMW You want a family sedan with 600 hp, which can run from zero to sixty in 3 seconds? You put your bottom dollar you do. And if you're already on the market for an M8, this two-door version is actually $ 3,000 cheaper than the two-door version, so you can also save a few dollars. I am traditionally …

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HP eliminates up to 9,000 jobs in CEO's new restructuring plan

Incoming HP Inc. general manager Enrique Lores In a restructuring plan that also aims to get the declining printer sales back on track, HP wants to force changes on the computer hardware vendor. HP announced Thursday that 7,000 to 9,000 jobs could be cut by about 55,000 employees over the next three years. The cutbacks are expected to result in …

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