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HP adopts poison pill after Xerox's buyout attempts

By Staff Writer

Feb 24 2020 6:45AM

Aims to stop investors from amassing more than 20 percent stake in the company.

HP adopts poison pill after Xerox's buyout attempts

HP Inc said on Thursday it would implement a poison pill plan, a move that comes after Xerox Holdings Corp pushed ahead with its efforts to acquire the PC maker. Xerox recently raised its offer earlier this month by US$2 to US$24 per share, following several rejections of its previous buyout ...

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