Xerox's reported HP bid could create a PC and printing juggernaut
Xerox is considering a bid to acquire HP, which would unite a leader in copiers and printers under one roof.
The Wall Street Journal reported Monday night that Xerox, now somewhat flush with cash following the $2.3 billion sale of ventures with Fujifilm, could make a cash-and-stock bid for HP, worth about $27 billion. Xerox, with a market value of just over $8 billion, would need some assistance, and the paper reported that it's found additional funding with an unnamed bank.
HP has yet to respond to the report.
from PCWorld https://ift.tt/36OjfnY
Labels: PCWorld
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