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HP to Xerox: You Don’t Have the Ink to Buy Us

November 25, 2019

HP rejects the latest demand by Xerox to negotiate an acquisition, potentially sparking a proxy war

For a second time, HP’s leadership rejected a bid by Xerox to merge the two companies under the Xerox banner in a $33.5 billion deal, potentially putting the two companies on the path to a proxy war. The prospects of the two companies duking it out on Wall Street will leave HP and Xerox customers and partners in a state of anxiety until there’s resolution.