HP says Xerox securing financing not basis for takeover talks

Malaysia News News

HP says Xerox securing financing not basis for takeover talks
Malaysia Latest News,Malaysia Headlines
  • 📰 fmtoday
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Tech company says printer maker’s offer significantly undervalues it. FMTNews HP

NEW YORK: HP Inc said on Wednesday that Xerox Holdings Corp securing financing for its US$33.5 billion takeover offer for the personal computer maker is not a basis for a discussion and reiterated that the proposal still undervalues the company.

“Your letter dated Jan 6, 2020 regarding financing does not address the key issue – that Xerox’s proposal significantly undervalues HP – and is not a basis for discussion,” the company said in a letter to Xerox on Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fmtoday /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pentagon confirms 'more than a dozen' missiles fired at US forces in IraqPentagon confirms 'more than a dozen' missiles fired at US forces in IraqIran has claimed responsibility, with state TV saying the Islamic republic launched rockets at American bases. FMTNews
Read more »

Cabinet has decided on acting education minister, says Guan Eng | The Malaysian InsightCabinet has decided on acting education minister, says Guan Eng | The Malaysian InsightCabinet has decided on acting education minister, says Guan Eng
Read more »

Petrol subsidies to continue amid US-Iran tensions, says Guan Eng | The Malaysian InsightPetrol subsidies to continue amid US-Iran tensions, says Guan Eng | The Malaysian InsightPetrol subsidies to continue amid US-Iran tensions, says Guan Eng
Read more »

Malaysia targets RM155 billion in direct taxes this yearMalaysia targets RM155 billion in direct taxes this yearFinance Minister Lim Guan Eng says that the increase shows that the economy is growing well. FMTNews LHDN Tax
Read more »

At least 50% CPO windfall tax for biofuel stabilisation fund, Kok says | The Malaysian InsightAt least 50% CPO windfall tax for biofuel stabilisation fund, Kok says | The Malaysian InsightPrimary industries minister says Finance Ministry has given green light to the move.
Read more »

Najib: Rosmah wasn't scolding me, it was a normal chatNajib: Rosmah wasn't scolding me, it was a normal chatEx-PM says it is normal for spouses to talk about their daily affairs.
Read more »



Render Time: 2025-03-06 13:09:14