Xerox is preparing to nominate as many as 11 directors to HP’s board in an aggressive move to push a $33 billion unsolicited takeover bid for the maker of computers and printers
Xerox Holdings Corp. is preparing to nominate as many as 11 directors to HP Inc.’s board, according to people familiar with matter, in an aggressive move to push a $33 billion unsolicited takeover bid for the maker of computers and printers.
Xerox in recent weeks bought a small HP stake, which gives it the right to nominate directors for elections to be held at the company’s annual meeting this summer, the people said. The deadline for nominations to HP’s board is Friday. Xerox could still decide to not follow through with...
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