https://wccftech.com/hp-acquire-xerox-big-reveal-investor/

Looks like Xerox Holding Corp's proposed acquisition of HP's printer business has taken a new turn. It was revealed earlier this month that Xerox, flush with cash after its Fujitsu deal, had made an offer to the board of HP Inc (NYSE:HPQ for acquiring the latter for a cumulative price of $22/share. Both HP and Xerox are facing tailwinds from an industry that isn't what it used to be. Xerox (NYSE:XRX), which used t be a household name at one time has to compete in an era that's intensely digital. HP, on the other hand, needs to think of ways to revive revenue from selling ink cartridges.

Should the two companies combine, then they'll be able to take on Cannon which is the largest inkjet company in the United States right now, according to data from Keypoint intelligence. Now, looks like another factor might push HP to give in to Xerox's bid.