https://www.siliconvalley.com/2019/11/18/hp-unanimously-rejects-xeroxs-33-5b-takeover-bid/ > HP has, at least for now, put an end to the possibility that it will be acquired by Xerox. > In a letter sent to Xerox Chief Executive John Visentin on Sunday, HP unanimously rejected Xerox’s unsolicited offer to acquire HP for $33.5 billion, $22 a share, saying that the proposal “significantly undervalues HP and is not in the best interests of HP shareholders.” HP’s letter was signed by CEO Enrique Lores and Chairman Charles “Chip” Bergh.