Xerox begins buying hp shares

Xerox is seriously considering buying HP, at least this is clear after the company's latest move. Since they have begun to buy the shares of the firm. For each HP share they offer a total of $ 24, which is divided into money and a percentage of their own shares. This would allow HP shareholders to end up raising $ 27 billion.

Xerox begins buying HP shares

It is not the first offer they make, because in November there was another attempt, although at that time the offer was seen as insufficient.

New purchase attempt

The situation between the two companies is complex. Since Xerox has been looking for a time to buy HP, although the second has already made it clear on more than one occasion that they do not see it with good eyes, especially since the financial situation of the first is considered to be not the best. So it would be a risky operation and it would not benefit anyone.

In addition, HP has considered that all the offers that have been made so far were too low, so they do not see it as possible. They have not yet officially reacted to this new offer.

It will be interesting to see how the situation evolves. Xerox seems determined to get hold of HP, despite the fact that the latter does not really welcome this operation. In addition, if such an operation is carried out it has to be approved by various instances, which is not a guaranteed thing. So we will have to wait to see what happens.

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