Xerox Corp on Thursday threatened to go hostile with its $33.5 billion buyout bid for HP Inc , if the personal computer maker did not agree to a “friendly” discussion before Nov. 25. HP on Sunday rejected Xerox’s offer of $22 per share, saying it undervalued the company and that it was open to exploring a bid for the U.S. printer maker. “Xerox will take its compelling case to create superior value for our respective shareholders directly to your shareholders,” the company said in a letter to HP’s board. …read more
Source:: Yahoo Finance
