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REPORT: Xerox May Nominate Directors to HP's Board

Jan 22, 2020

Xerox may be making another maneuver to try to take over HP.

"The Wall Street Journal" reports Xerox Holdings may nominate as many as 11 directors to HP's board.

Sources say Xerox recently bought a small stake in HP, giving it the right to nominate directors.

The deadline for nominations is Friday.

The current HP board said in November that the Xerox takeover offer undervalued the company.


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