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Xerox wants to replace HP’s board in takeover bid

Xerox wants to replace HP’s board in takeover bid

Xerox Holdings plans to nominate 11 independent candidates to HP’s board. This comes as the US printer maker seeks to take control of the personal computer maker after several rejections of its $33.5 billion buyout offer. HP’s board rejected the offer saying it significantly undervalued the company.

Kathy
Kathy
IvoryDove
IvoryDove 7 months

They want every board member to be a "carbon copy voter" for the merger.

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