March 27, 2020 Sophia Vida
Hot Stocks

Hewlett Packard Enterprise Thinks it is Not the Right Time to Merge with Xerox

In light of the coronavirus pandemic across the globe, Hewlett Packard Enterprise (HPQ) warned its shareholders that advancing Xerox’s proposed tender offer could be “disastrous” during this time. HP said that Xerox’s offer would burden the company with a debt level that could potentially threaten its cash needs. “Any complex, large-scale, highly leveraged transaction in … Continue reading “Hewlett Packard Enterprise Thinks it is Not the Right Time to Merge with Xerox”