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Xerox abandons $35 billion hostile bid for HP
8:12pm, 31st March, 2020
News

Xerox abandons $35 billion hostile bid for HP

U.S. printer maker Xerox Holdings Corp walked away from its $35 billion hostile cash-and-stock bid for HP Inc on Tuesday, after the coronavirus outbreak weighed on its campaign to take over the PC and printing equipment manufacturer.
Xerox abandons $35 billion hostile bid for HP: sources
4:00pm, 31st March, 2020
News

Xerox abandons $35 billion hostile bid for HP: sources

Xerox Holdings Corp decided on Tuesday to abandon its $35 billion hostile cash-and-stock bid for HP Inc after the coronavirus-induced market turmoil put the brakes on its takeover campaign, according to people familiar with the matter.
Tesla shares fall 5 percent after Musk abandons buyout
6:53am, 27th August, 2018
News

Tesla shares fall 5 percent after Musk abandons buyout

Shares in Tesla Inc lost almost 5 percent on Monday after it abandoned a plan to take the electric carmaker private, with some analysts suggesting it should either replace Chief Executive Elon Musk or appoint another strong senior manager.