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Xerox Holdings

Xerox Holdings latest

Xerox Drops Acquisition Bid for HP Amid Virus-hit Market Turmoil
April 1st, 2020 - 01:30 GMT

Xerox Drops Acquisition Bid for HP Amid Virus-hit Market Turmoil

Xerox Holdings Corporation said that the current global health crisis and resulting macroeconomic and market turmoil caused by Covid-19 have created an environment that is not conducive to it to continue to pursue an acquisition of HP. Accordingly, it is withdrawing our tender offer to acquire HP and will no longer seek to nominate its slate of highly qualified candidates to HP’s Board of Directors, Xerox said in a statement ...
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