https://www.siliconvalley.com/2019/11/21/hp-gets-ultimatum-from-xerox-to-make-a-deal/

HP may have said no to Xerox’s $33.5 billion acquisition offer. But that doesn’t mean Xerox is taking HP’s no for an answer.

On Thursday, Xerox told HP that it will take its buyout offer directly to HP’s shareholders if the company doesn’t reconsider the deal by Nov. 25. In a letter to HP CEO Enrique Lores and Chairman Charles “Chip” Bergh, Xerox Chief Executive John Visentin said “we see no cause for further delay” in taking steps to complete a “friendly combination” of the two companies by Monday afternoon.