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HP Inc Says Entered Into 364-Day Revolving Credit Facility With Lending Commitments Of $1 Bln
HP Inc Says HP Reverb VR Headset G2 Would Be Availabile For $599 (U.S.)
HP Reports Q2 Earnings Per Share Of $0.53
HP Inc. is a provider of products, technologies, software, solutions and services to individual consumers, small- and medium-sized businesses, and enterprises, including customers in the government, health and education sectors. The Company provides personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. Its segments include Personal Systems, Printing and Corporate Investments. The Personal Systems segment provides Commercial personal computers (PCs), Consumer PCs, workstations, thin clients, Commercial tablets and mobility devices, retail point-of-sale systems, displays and other accessories, software, support and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions and services, as well as scanning devices. The Corporate Investments segment includes the operations of HP Labs and certain business incubation projects.
1501 Page Mill Rd
PALO ALTO, CA
Charles V. Bergh
Independent Chairman of the Board
Enrique J. Lores
President, Chief Executive Officer, Director
Steve J. Fieler
Chief Financial Officer
President - Personal Systems Business
Kim M. Rivera
President - Strategy and Business Management and Chief Legal Officer
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Xerox Holdings Corp <XRX.N> pulled its 2020 revenue and profit forecasts on Tuesday, citing economic uncertainties from the coronavirus outbreak, which had resulted in the cancellation of its $35 billion takeover campaign for HP Inc <HPQ.N>.
U.S. printer maker Xerox Holdings Corp walked away from its $35 billion hostile cash-and-stock bid for HP Inc on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer.
Xerox Holdings Corp decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc after the coronavirus-induced market turmoil put the brakes on its takeover campaign, according to people familiar with the matter.
* PHATHOM REPORTS FOURTH QUARTER AND FULL YEAR 2019 FINANCIAL RESULTS AND PROVIDES CLINICAL TRIAL STATUS AND BUSINESS UPDATES
Xerox Holdings Corp, which is in a proxy fight for control of HP Inc, said on Friday it would postpone meetings with shareholders of the personal computer maker amid the coronavirus outbreak.
Xerox Holdings Corp said on Friday it would postpone a meeting with HP Inc shareholders amid the coronavirus outbreak.
HP Inc <HPQ.N> on Thursday rejected Xerox Holdings Corp's <XRX.N> raised takeover bid of about $35 billion, saying it undervalued the personal computer maker.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
HP Inc on Thursday rejected Xerox Holdings Corp's raised bid of about $35 billion, saying that the offer still undervalued the personal computer maker.
U.S. printer maker Xerox Holdings Corp took its $35 billion bid for HP Inc to the U.S. personal computer maker's shareholders on Monday, with a formal tender offer and a rebuttal to HP's account of why they could not negotiate a deal.
HP Inc said on Monday it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against a $35 billion takeover offer from U.S. printer maker Xerox Holdings Corp.
Xerox Holdings Corp said on Friday it would continue to pursue HP Inc, even after the PC maker said it would implement a poison pill plan to shield itself against a takeover offer from the U.S. printer maker.
HP Inc said on Thursday it would implement a poison pill plan, a move that comes after Xerox Holdings Corp pushed ahead with its efforts to acquire the PC maker.
HP Inc said on Thursday it would implement a poison pill plan lasting a year, as Xerox Holdings Corp pushes ahead with its efforts to acquire the PC maker.
Xerox Holdings Corp raised its offer to buy HP Inc by $2 to $24 per share on Monday, following several rejections of its previous buyout offer by the PC maker.
Xerox Holdings Corp on Monday raised its offer to buy PC-maker HP Inc to $24 per share from $22 per share.
Xerox Holdings Corp on Tuesday posted a better-than-expected quarterly profit as it kept a tight lid on costs and said it plans to follow through with its $33 billion bid to buy rival HP Inc.
Xerox Holdings Corp said on Thursday it plans to nominate 11 independent candidates to HP Inc's board, seeking to take control of the personal computer maker after several rejections of its $33.5 billion buyout offer.
Xerox Holdings Corp said on Thursday it plans to nominate 11 independent directors to PC-maker HP Inc's board, as it pushes ahead with its offer to buy the company.
Xerox Holdings Corp is preparing to nominate as many as 11 directors to HP Inc's board, the Wall Street Journal reported on Tuesday, as the company seeks to push its $33.5 billion takeover offer for the personal computer maker.
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