Xerox Launches Its $24-Per-Share Takeover Bid for HP
This is the very definition of a hostile takeover attempt.
HP aims to offer it all in the tech world, from hardware and servers to technology services to enterprise IT management.
This is the very definition of a hostile takeover attempt.
The tech giant’s defensive measures against a possible takeover bid could trap its own investors.
The IT giant posted solid first-quarter results and announced a massive share-buyback campaign.
HPQ earnings call for the period ending January 31, 2020.
Share repurchase plan could cost $15 billion.
Investors should take the money and run before this fragile deal collapses.
The PC market returned to growth in 2019, but will it strengthen HP’s position against Xerox’s hostile bid?
China’s biggest direct retailer partners with HP and three other tech giants.
Neither the personal computer market's woes nor printing's problems have been resolved yet, and they may not be for a while.
Or completely undermine its sales.