HP rejects Xerox buyout offer
November 18, 2019
HP has been receiving buyout offers as of late, but it’s not ready to lose its independence — at least, not yet. Thetech pioneerhasrejecteda Xerox proposal to buy the company for $22 per share, arguing that the current offer “undervalues” HP and isn’t in shareholders’ “best interests.” It also cast doubt on Xerox’s…