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Xerox's reported HP bid could create a PC and printing juggernaut |
November 07, 2019
Xerox is considering a bid to acquire HP, which would unite a leader in copiers and printers under one roof.The Wall Street Journal reported Monday night that Xerox, now somewhat flush with cash following the $2.3 billion sale of ventures with Fujifilm, could make a cash-and-stock bid for HP, worth about $27 billion. Xerox, with a market value of just over $8 billion, would need some assistance, and the paper reported that it's found additional funding with an unnamed bank. HP has yet to respond to the report.To read this article in full, please click here
Link: https://www.pcworld.com/article/3451984/xeroxs-reported-hp-bid-could-create-a-pc-and-printing-juggernaut.html#tk.rss_all
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