Xerox names the 11 directors it hopes will oust most of HP's board and put $33bn hostile takeover to shareholders

Xerox names the 11 directors it hopes will oust most of HP's board and put $33bn hostile takeover to shareholders

4 years ago
Anonymous $yQ5BfQaAxy

https://www.theregister.co.uk/2020/01/23/xerox_makes_a_go_at_hps_board/

Xerox is done playing mister nice guy – the company has named a slate of directors it wants to shoehorn onto HP's board to spearhead its £33bn hostile takeover bid.

The copier giant will nominate 11 directors at HP's upcoming shareholder meeting in an attempt to gain control of the company's 12-person board. The list includes former senior directors at Aetna, United Airlines, Hilton Hotels, Novartis and Verizon.