Xerox Woos HP Investors with Dinner and Web Ads


In response to repeated refusals from HP’s board of directors to accept Xerox’s bid to buy HP, Xerox upped its offer from $22 to $24 per share on February 10 (see “Xerox Increases Its Bid for HP”). Now, Xerox is increasing its efforts to sway HP shareholders to vote in favor of a Xerox acquisition.

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