HP adopts poison pill after Xerox's buyout attempts

By on
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 ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
hardware hp xerox

Most Read Articles

Microsoft Office 365 services inaccessible after code change

Microsoft Office 365 services inaccessible after code change
Centrelink IT system risks 'largely' managed during WPIT overhaul

Centrelink IT system risks 'largely' managed during WPIT overhaul
DOS Subsystem for Linux breaks cover

DOS Subsystem for Linux breaks cover
Telstra loses to Optus in network coverage ad case

Telstra loses to Optus in network coverage ad case
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

A Migration Guide For Businesses Switching Mobile Device Management Solutions
A Migration Guide For Businesses Switching Mobile Device Management Solutions
Plan your post-COVID security strategy
Plan your post-COVID security strategy
The Executive's Guide To The Future Of Work
The Executive's Guide To The Future Of Work
Government Digital Transformation Requires Customer Obsession
Government Digital Transformation Requires Customer Obsession
Master the fundamentals of AWS cost efficiency
Master the fundamentals of AWS cost efficiency

Events

Log In

Username / Email:
Password:
  |  Forgot your password?