November 26, 2019
Comments Off on Them’s fightin’ words: Xerox, HP spar over acquisition
After HP rejected its acquisition offer, Xerox is playing hardball with a hostile takeover or proxy war. John Visentin, Xerox vice chairman and CEO, does not mince words in a letter to Enrique Lores, who became HP president and CEO on Nov. 1, and ...
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November 20, 2019
Comments Off on HP rejects Xerox offer but leaves the door open
HP rejected a bid from Xerox to buy the company but indicated it was willing to keep talking about some sort of merger. “Our Board of Directors has reviewed and considered your unsolicited proposal dated November 5, 2019 at a ...
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November 8, 2019
Comments Off on What would a Xerox acquisition of HP mean for Idaho?
Xerox is trying to buy HP – and it could mean layoffs. According to media reports, Xerox has offered HP $22 per share, consisting of 77% cash and 23% stock, or $17 in cash and 0.137 Xerox share for each HP share. If accepted, ...
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HP’s Boise campus isn’t at risk of a government takeover, according to the Idaho Department of Administration. Speculation that HP would be forced to leave when its lease expires isn’t true, said Bryan Mooney, director of the Department of Administration. ...
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October 8, 2019
Comments Off on How many of HP’s jobs cuts will come from Idaho? No one knows
HP Inc., one of Boise’s most venerable technology companies, expects to cut 7,000 to 9,000 employees by the end of 2022, but it isn’t clear how many cuts will come from Idaho. “We do not break the restructuring out by ...
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