HP adopts poison pill after Xerox's buyout attempts

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HP adopts poison pill after Xerox's buyout attempts

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

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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hardware hp xerox

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