Xerox raises HP buyout offer to $34 billion
https://www.eastbaytimes.com/2020/02/10/xerox-raises-hp-buyout-offer-to-34-billion/
Xerox on Monday turned the heat up in its efforts to acquire HP, as the printing technology giant raised its unsolicited offer for the Silicon Valley stalwart to $34 billion.
Xerox said it will now offer $24 a share for HP, which will include $18.40 in cash and 0.149 Xerox shares for every share of HP stock. Xerox said it will take its new bid public with a tender offer for HP’s shares starting “on or around March 2.”
Xerox raises HP buyout offer to $34 billion
Feb 10, 2020, 3:37pm UTC
https://www.eastbaytimes.com/2020/02/10/xerox-raises-hp-buyout-offer-to-34-billion/
> Xerox on Monday turned the heat up in its efforts to acquire HP, as the printing technology giant raised its unsolicited offer for the Silicon Valley stalwart to $34 billion.
> Xerox said it will now offer $24 a share for HP, which will include $18.40 in cash and 0.149 Xerox shares for every share of HP stock. Xerox said it will take its new bid public with a tender offer for HP’s shares starting “on or around March 2.”