HP down 5% after Xerox bid rejection, counter offer hints

HP stock has gained about 10% and those of Xerox around 7% since Nov. 5, when the first news reports surfaced on Xerox’s $33.5 billion cash-and-stock offer to buy bigger rival HP. The printer industry has been in decline for years as growth in purely electronic communication cuts the need for printed letters and documentation. …read more

Source:: Yahoo Finance

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