With Xerox Takeover Threat Gone, HP Terminates Poison Pill

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On June 26, HP Inc.’s board of directors terminated the company’s shareholder rights plan well ahead of schedule because the threat of Xerox’s hostile takeover no longer exists. “The shareholder rights plan was, by design, a temporary measure to protect the long-term interests of our shareholders,” Chip Bergh, chairman of HP’s board of directors, said

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