Icahn takes stake in HP, pushes for merger with Xerox

By
Follow google news

Buys US$1.2bn stake in HP Inc in push for computer maker's merger with printer maker.

Icahn takes stake in HP, pushes for merger with Xerox
Activist investor Carl Icahn has bought a US$1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp , arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday. Icahn, who owns a 10.6 ...

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

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Allianz tech 'transformation' exposed as offshoring drive

Allianz tech 'transformation' exposed as offshoring drive

NAB's CSO to move to ANZ Banking Group

NAB's CSO to move to ANZ Banking Group

Services Australia's CIDO heads to RBA

Services Australia's CIDO heads to RBA

Westpac at work on a new agentic ecosystem

Westpac at work on a new agentic ecosystem

Log In

  |  Forgot your password?