HP said to be unnamed possible bidder for Xerox, The Deal reports In its litigation to block Xerox's (XRX) pending merger with Fujifilm (FUJIY), third largest shareholder Darwin Deason accuses Xerox CEO Jeff Jacobson of discouraging an unnamed third party from making a competing takeover bid, The Deal reports. The unnamed possible bidder for Xerox was HP Inc. (HPQ), The Deal adds, citing people familiar with the situation.
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https://thefly.com/landingPageNews.php?id=2714741
HP is the buyer, and Xerox is doing the dirty work to provide a clean/lean Xerox for them. HP has been the buyer since the beginning and probably provided Xerox a checklist of what they needed cleaned up in order to purchase Xerox. HP doesn't want to purchase the whole of Xerox which is why Xerox is converting to a holding company in June. Once that happens, we will see a rapid sell-off of parts and an announcement of HP purchasing what remains by the end of the year. IMHO
Old news, though considering where most of the new C-Suite used to work, maybe we have already been sold to HP and simply don't know it yet, LOL (maybe).
A post from over a year ago - just goes to show you that take everything you read here as rumor, conjecture and once in a while fact.
The date on this article is over a year old
I am not even going to read the article. I think if HP buys Xerox, they are id--t s. We’re such a mess right now.
So put me in the skeptic camp.