Xerox to nominate up to 11 directors to HP's board in hostile takeover push – report

Xerox to nominate up to 11 directors to HP's board in hostile takeover push – report

4 years ago
Anonymous $yQ5BfQaAxy

https://www.theregister.co.uk/2020/01/22/xerox_nominates_directors_to_hp_board/

Xerox is preparing to nominate up to 11 directors to HP's board to push through a $33.5bn takeover bid, according to the Wall Street Journal.

The company grabbed a small stake in HP in recent weeks, which allows Xerox to nominate directors at HP's annual shareholder meeting this summer. The deadline for nominations is Friday.