Plans kung flued
Copier maker Xerox has given up on its $35 billion hostile cash-and-stock bid for the maker of very expensive printer ink HP and blamed the pesky coronavirus for interfering with its plans.
Copies it a quick message
The maker of expensive printer ink which is nearly as expensive as race horse semen, HP, has rejected Xerox takeover bid of about $35 billion, saying it undervalued the personal computer maker.
Xerox is considering making a cash-and-stock offer for HP which has a market value of about $27 billion.
Takes out advert
Xerox has taken out adverts asking people to stop using the word "Xerox" when referring to anything other than the machines it makes or services it provides.
Starting to regret listening to those activist investors
Xerox is probably regretting backing down in a planned merger with Fujifilm and firing the CEO who pushed it through.
Hopes to see off shareholder revolt
Xerox is close to agreeing on a deal that would combine the printer and photocopier company with Japan’s Fujifilm in a bid to revive its fortunes and thwart an activist shareholder revolt.