Xerox raises takeover bid for HP
The latest offer comprises $18.40 in cash and 0.149 Xerox shares for each HP share
FILE PHOTO: The company logo for Xerox is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid
Xerox Holdings Corp on Monday raised its offer to buy PC-maker HP Inc to $24 per share from $22 per share.
The latest offer comprises $18.40 in cash and 0.149 Xerox shares for each HP share.
The US printer maker first made a cash-and-stock offer to HP, a company more than three times its size, in November.
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