HP Issues Statement after Xerox Ceases Hostile Takeover Attempt

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On March 31, Xerox announced that it was withdrawing its offer to acquire all shares of HP Inc. in light of the global health crisis and economic turmoil cause by the coronavirus (COVID-19) (see “Xerox Calls It Quits on HP Takeover Attempt”). HP quickly followed up with a statement of its own acknowledging Xerox’s withdrawal

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