Tag Archives: Xerox

A couple of weeks ago, we first heard that Xerox was planning on making an acquisition offer to take over HP, as part of a deal backed by a major bank. While HP is looking to shake up its business by cutting down its work force by 16 percent, the …

Xerox, with a market value of $8.23 billion, is planning to make a cash-and-stock offer for HP, a $29.85 billion company. According to rumours, the company board analysed the possibility this Tuesday, and there's a major bank backing this offer. In October, HP had announced that it would cut up …