https://wccftech.com/xerox-hp-surprised-board-shareholders/

Xerox Headquarters in Norwalk, Connecticut

Copy machine maker Xerox (NYSE:XRX) and HP Inc (NYSE:HPQ) have been at the center of news throughout this month after it was revealed that the former, despite its smaller size, wants to take over the latter. Both HP and Xerox are struggling with sales recently with changing market conditions affecting their current business models. Xerox is finding it difficult to navigate the digital age which relies heavily on emails for communication and HP is competing with cheap replacements for its ink cartridges.