Clock Has Started on Xerox Tender Offer to HP Shareholders

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Xerox’s bid to take over HP “commenced” March 2, when the company sent a $24-per-share offer to HP shareholders to acquire all outstanding HP shares. Now, those shareholders have until April 21, when the offer expires, to decide whether to exchange their HP shares for $18.40 in cash and 0.149 Xerox shares. HP beat Xerox to

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