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HP Inc. rejects a $33 billion takeover offer from Xerox Holdings Corp., deeming it too low. However, HP expresses its openness to discussing a potential combination with Xerox, recognizing the benefits of consolidation. Xerox's unsolicited offer undervalues HP, and further due diligence and information are required to evaluate the proposal. Both companies operate in the printer market but have different strengths and areas of focus.
Saturday, 16 November, 2019