HP Says Big Buyback Could Be Alternative to Xerox Takeover Bid

The following appears on barrons.com

By Eric J. SavitzHP Inc. has come out swinging in response to the move by Xerox Holdings Thursday morning to take control of the HP board of directors—and outlined several ways the company could drive increased shareholder value without any involvement from Xerox.

Xerox (ticker: XRX), which has offered to acquire HP (HPQ) for $22 a share, this morning announced a full slate of 11 candidates for the HP board. HP has repeatedly rejected the Xerox offer, and did so again earlier Thursday.


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SOURCE Barrons

HP Responds To Xerox Board Meddling