Xerox mulls $27bn takeover of HP Inc - reports
Xerox is reportedly considering a cash and stock offer for the PC giant
Struggling print vendor Xerox is plotting an ambitious offer for HP Inc, according to reports. The Wall Street Journal claims that Xerox's board has discussed the possibility of a takeover, citing people familiar with the matter. It also said that Xerox has already agreed funding informally from a major bank. Xerox's market value is less than one third of HP's - standing at around $8bn (£6.2bn) compared with HP's $27bn. Both vendors are currently in transitional phases. Xerox yesterday...
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