SiriusXM, Paysafe Group, CenterPoint Energy, Trinity Life Sciences, Opendoor, Nolan Transportation Group, Xerox, Dataminr, EasyJet
The market values of both companies have declined since the coronavirus pandemic intensified.
Xerox Holdings on Monday announced a sweetened tender offer for HP at about $24 a share, or $34 billion.
The move comes after HP rejected Xerox’s latest takeover offer.
HP signaled it was open to exploring a ‘potential combination’ between the two companies.
Jeff Jacobson is resigning to settle a legal battle between Xerox and hedge-fund billionaire Carl Icahn over its proposed merger with Fujifilm.
The billionaire investor and another Xerox shareholder believe the copier pioneer can have “a better, brighter future as a standalone company.”
Fujifilm will fold its joint venture with Xerox into a combined company designed to "compete in today’s environment with truly global scale."
“While we had multiple offers, the range of consideration did not reflect the value of the business today,” CFO David Bullwinkle says.
Wall Street analysts upgrade their outlooks on Xerox after it completes the spinoff of its business services unit.
Xerox, Rent-A-Center, Illumina, Och-Ziff, CPI Card, FTD Cos., Titan International, Alexion, Tailored Brands, Adams Resources & Energy
Earnings plunged 85% to 3 cents a share in the first quarter as the company prepares to split into two separate entities.
