Xerox prepares to take HP buyout bid hostile

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Xerox prepares to take HP buyout bid hostile

After the personal computer maker refused to open its books for due diligence.

Xerox Corp said on Tuesday it was planning to take its US$33.5 billion buyout bid directly to HP Inc shareholders after the personal computer maker refused to open its books for due diligence before a deadline. "We plan to engage directly with HP shareholders to solicit their support in urging ...

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