Xerox threatens HP with hostile takeover
Print vendor says it is determined to see acquisition through
Xerox has threatened to go over the heads of the HP board and push through a hostile takeover with HP shareholders. HP last week rejected Xerox's opening bid in unceremonious fashion, questioning its counterpart's business model and falling revenue. Xerox has now said that its board is "determined to expeditiously pursue our proposed acquisition of HP to completion", adding that it sees "no cause for further delay". The vendor also voiced its dissatisfaction at the fact that HP has refused...
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