HP turns down $35bn takeover bid from Xerox

HP turns down $35bn takeover bid from Xerox

Computer manufacturing giant HP has turned down a takeover bid of around $35 billion from Xerox Holdings Corporation on the basis that it had undervalued its business. Last month, the US printer manufacturer offered an increased price of $24 per share, which was $2 per share more than the previous bid. However, it was rejected […]