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Reports: Xerox Bids $30B for HP

November 7, 2019

HP confirms receipt of offer by smaller printer rival but doesn’t comment on interest in being acquired

The reports of Xerox making a play to acquire HP are more than rumors. HP confirmed receiving an offer by Xerox to acquire it, and reports say the bid is for $22 per share, or roughly $30 billion. But HP is not saying whether it’s interested in the deal that would reshape the printer and PC market and channel.