https://www.theregister.co.uk/2019/12/05/icahn_and_i_will_force_a_xerox_and_hp_wedding_corproate_raider_urges_hp_shareholders_to_tell_the_board_to_act_now/ > Corporate raider Carl Icahn isn't quietly accepting HP's rejection of Xerox's hostile $33.5bn takeover bid - he has accused the board of using delay tactics to keep their jobs and warning it can be done in a nice or not-so-nice way. > HP and Xerox began private talks in the summer and Xerox's offer was made public in early November. The PC and printer slinger spurned Xerox's advances, saying price tag of $17bn in cash and 0.137 XRX shares for each HP share undervalued the business. HP's board also said it believed in its own company strategy and didn't need Xerox.