HP offers its investors billions in shareholder returns to avoid a Xerox tie-up

HP offers its investors billions in shareholder returns to avoid a Xerox tie-up

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/02/25/hp-offers-its-investors-billions-in-shareholder-returns-to-avoid-a-xerox-tie-up/

To ward off a hostile takeover bid by Xerox, which is a much smaller company, HP (not to be confused with Hewlett Packard Enterprise, a separate public company) is promising its investors billions and billions of dollars.

All investors have to do to get the goods is reject the Xerox deal.