The document management specialist needs more than a return to business as usual.
News & Analysis: Xerox Corporation
Supply chain snarls and COVID-19 weigh on sales growth in Q3 -- and Q4, too.
People were already printing less than they have in the past, but working at home has proven just how unnecessary many paper documents are.
XRX earnings call for the period ending March 31, 2020.
Was HP’s decision to rebuff Xerox’s advances in the best interest of investors?
The star-crossed buyout offer has been canceled, allowing both companies to refocus on responding to the coronavirus crisis.
Company cites the global health crisis and "resulting macroeconomic and market turmoil."
Xerox leaves the door open to resume its pursuit at a later date.
Investors in the printer and computer name have remained as disinterested in the merger deal as HP's board has been.
This is the very definition of a hostile takeover attempt.