Now they have heard of it, they are thinking of using it.
HP's board has snapped back at Xerox over its "hostile" $33.5bn takeover threat, saying the copier giant's refusal to answer lingering questions about the merger only magnifies their "concerns" about any tie-up and Xerox's future prospects. In the first week of this month, Xerox tabled a cash and share swap bid for HP Inc, …
Sorry mate, had to down vote. HP and HPE are two different companies and yes IIRC that purchase you referenced happened between the split.
The truth is that there is only one person who would benefit from this merger.
Can you spell his name? Carl? Now what was it? icon?
This is the part that would make me think twice: Xerox is offering $22 per share, $5 of which is in Xerox stock and $17 in cash. That Xerox stock is going to be in a highly leveraged company if the buyout goes through. HP stock is currently around $19. I would want a higher premium on the HP stock.
Maybe Xerox are trying to provoke HP into making a counter-bid against them. Given that they're the smaller of the two it would make more sense and presumably result in less debt. But I'd have thought that if combining the two was really a good idea a straight merger make most sense. No additional debt, just a question of which CEO gets
fired the big pay-off as there'll then only be one.
Xerox and HP inc they are in uncertain future, CEO HP Enrique Lores will convert the company it on services and software one, one long way, moreover without cash, the aim is very very long and far. Moreover the office without paper is an world dream also very far. I think Xerox proposal it have more common sense.
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