Xerox Mulls Takeover of HP – Can This Buyout Succeed Given that HP is Three Times Bigger?

Xerox Mulls Takeover of HP – Can This Buyout Succeed Given that HP is Three Times Bigger?

5 years ago
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https://wccftech.com/xerox-mulls-takeover-of-hp-can-this-buyout-succeed-given-that-hp-is-three-times-bigger/

In a bold move designed to breathe new life into ailing business units, Xerox Holdings Corp. (NYSE:XRX) – the American corporation that sells print and digital document products and services – is reportedly gunning for a takeover of HP (NYSE:HPQ) – the iconic manufacturer of printers and PCs – according to the Wall Street Journal.

Xerox is currently mulling a blend of cash and stock-based offer in order to acquire HP which, interestingly, has a market capitalization over three times greater than that of Xerox. Even so, uncertainties abound as any bid that Xerox submits will have to offer a premium over HP’s current capitalization of $27 billion.