HP offers its investors billions in shareholder returns to avoid a Xerox tie-up
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.
HP offers its investors billions in shareholder returns to avoid a Xerox tie-up
Feb 25, 2020, 5:14pm UTC
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.