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Xerox considering $27 billion takeover of HP, reports WSJ
short by Kanishka Pandey / on Wednesday, 6 November, 2019
Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP at a premium to its market value of about $27 billion, the Wall Street Journal reported. There's no guarantee that Xerox will follow through with an offer or that one would succeed, it added. Xerox had scrapped its $6.1-billion deal to merge with Fujifilm last year.
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