Tag Archives: HP

New York, United States | AFP |  Computer and printer maker HP on Sunday reiterated its rejection of Xerox’s $33 billion takeover bid, saying the sum “significantly undervalues” the company. A tie-up would unite two firms with storied histories: Xerox was founded in 1906 and became a household name with …

Washington, United States | AFP |  HP Inc. said Sunday it turned down a $33 billion hostile takeover bid from Xerox, saying it undervalued the computer and printer maker. But the HP board said it still would like to discuss the possibility of reaching a deal with its rival, a …