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Icahn Urges HP to Move Forward With Xerox Merger Discussions

(Bloomberg) — Carl Icahn is urging HP Inc. to push ahead with takeover talks with Xerox Holdings Corp., arguing the hardware maker’s standalone plans amount “to little more than rearranging the deck chairs on the Titanic.”A tie-up between the companies could yield more than $2 billion in synergies, the billionaire investor said in a letter to be sent to HP shareholders.“It is absurd for the HP board and management team, with such a history of underperformance and missteps, to claim to have had a sudden epiphany and now expect shareholders to trust them to execute a standalone restructuring plan,” Icahn …read more […]

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Amazon celebrates historic Cyber Monday sales

Amazon came out on top after this years hectic Black Friday and Cyber Monday events. The e-commerce giant posted record-breaking online sales, that made Cyber Monday 2019 the biggest shopping day in the company’s history. Yahoo Finance’s Myles Udland, Jen Rogers, Brian Sozzi and Brian Cheung discuss on The Final Round. …read more […]