HP

Xerox drops bid for HP; cites health crisis and economic turmoil

Xerox says it won’t move ahead with its hostile takeover bid for HP. This battle has been going on for the last several months, with Xerox making a play...
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Published Date: 
Tue, 03/31/2020 - 2:37pm
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Business Report: What is next in the Xerox-HP takeover saga

In the latest WXXI Business Report, Paychex is out with a survey on how the owners of small and medium sized businesses feel about the coronavirus. Plus...
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Published Date: 
Mon, 03/09/2020 - 7:52am
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HP rejects Xerox's takeover offer

HP said on Thursday that it has rejected Xerox’s unsolicited takeover offer of about $35 billion. HP said that its board of directors, after consulting...
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Published Date: 
Thu, 03/05/2020 - 6:41am
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Business Report: Amtrak's new Acela cars coming from Hornell

In the latest WXXI Business Report, Southern Tier manufacturer Alstom is producing dozens of train cars for Amtrak's new Acela fleet. The HP-Xerox saga...
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Published Date: 
Mon, 02/24/2020 - 7:25am
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HP board takes action to try and block Xerox's takeover attempt

HP is trying to fight a hostile takeover offer from Xerox by adopting a shareholder rights plan. On Thursday, HP said that its Board of Directors...
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Published Date: 
Fri, 02/21/2020 - 5:11am
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Xerox increases acquisition offer for HP

Xerox is boosting its offer to acquire HP. Xerox on Monday raised the unsolicited offer to buy HP from the previous$22 a share to $24. That is a mixture...
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Published Date: 
Mon, 02/10/2020 - 9:55am
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Business Report: Xerox is still trying to acquire HP

In the latest WXXI Business Report, Xerox is still pursuing HP, and is now increasing its acquisition offer for the company. Plus, a new report from...
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Published Date: 
Mon, 02/10/2020 - 5:55am
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Xerox confirms intention to nominate members for HP's board

Xerox on Thursday confirmed what financial media had been reporting earlier this week, and that is that the company intends to nominate 11 independent...
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Published Date: 
Thu, 01/23/2020 - 5:24am
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Xerox reportedly trying to get control of the board at HP

Xerox reportedly is preparing to try and get control of the board of HP, after that company has so far rejected the unsolicited takeover bid from Xerox....
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Published Date: 
Wed, 01/22/2020 - 6:21am
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