HP rejects takeover offer from Xerox

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HP

The PC manufacturer continues to be open to discussions despite the rejection of the offer.

(Photo: AFP)

new York The PC manufacturer HP Inc opposes the purchase offer of the printing copier and printer manufacturer Xerox. The offer reflects the value of HP not sufficient and was not in the best interests of HP shareholders, said HP on Sunday. Therefore, the Board of Directors rejects the offer of 5 November. However, HP remains open for discussions.

(t) Xerox (t) PC manufacturer (t) Takeover bid (s) Billions (t) Computer peripheral equipment (t) Mergers & Acquisitions M & A (t) Hewlett-Packard (t ) Fujifilm (t) HP Inc (t) Computers & Computer Accessories

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