Icahn pushes HP to talk merger with Xerox
Activist investor Carl Icahn is pushing personal computers maker HP to hold merger discussions with Xerox. The veteran investor said that the company’s current restructuring plans amount “to little more than rearranging the deck chairs on the Titanic.” A potential combination could yield over $2 billion in synergies, Icahn said. Data compiled by Bloomberg shows […]
HP rejects Xerox’s offer, remains open to talks
Computer maker HP has rejected the $33.5 billion cash and stock bid by printer giant Xerox Holdings. HP added that the offer “significantly” undervalues the computer giant. However, the company said that there are potential benefits from a merger between HP and Xerox. HP added that it is open to explore a takeover offer for […]
Eldorado, Caesars investors to vote on merger in November
Shareholders of Eldorado Resorts and Caesars Entertainment Corporation, are scheduled to vote on proposed $17.3 billion merger on November 15, according to a joint statement. The merger agreed in June and would see Eldorado buying up Caesars’ stock, assuming control over it as a result. As part of the agreement, Eldorado will pick up Caesars […]
