Xerox abandons $35 billion hostile bid for HP

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Go back to Xerox abandons $35 billion hostile bid for HP

Xerox Corp. (XRX) Confirms it Will End Pursuit of Acquisition of HP Inc. (HPQ)

March 31, 2020 4:37 PM EDT

Xerox (NYSE: XRX) today issued the following statement:

The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc. (NYSE: HPQ). Accordingly, we... More