Xerox Just Won’t Take No for an Answer – Increases Its Offer Price for HP to $34 Billion
https://wccftech.com/xerox-just-wont-take-no-for-an-answer-increases-its-offer-price-for-hp-to-34-billion/
Displaying substantial tenacity, Xerox (NYSE:XRX) boosted its offer price for the much-larger HP (NYSE:HPQ) on Monday to $24 per share or around $34 billion.
According to the company’s press release, this revised tender offer will be officially launched by the company either “on or around the 2nd of March 2020”. The new offer comprises of $18.40 plus 0.149 Xerox shares for every share of HP. Cumulatively, the tender offer is worth around $34 billion.
Xerox Just Won’t Take No for an Answer – Increases Its Offer Price for HP to $34 Billion
Feb 10, 2020, 3:23pm UTC
https://wccftech.com/xerox-just-wont-take-no-for-an-answer-increases-its-offer-price-for-hp-to-34-billion/
> Displaying substantial tenacity, Xerox (NYSE:XRX) boosted its offer price for the much-larger HP (NYSE:HPQ) on Monday to $24 per share or around $34 billion.
> According to the company’s press release, this revised tender offer will be officially launched by the company either “on or around the 2nd of March 2020”. The new offer comprises of $18.40 plus 0.149 Xerox shares for every share of HP. Cumulatively, the tender offer is worth around $34 billion.