CFOs On the Move: Week Ending September 18
SiriusXM, Paysafe Group, CenterPoint Energy, Trinity Life Sciences, Opendoor, Nolan Transportation Group, Xerox, Dataminr, EasyJet
Xerox Bows to Virus, Drops HP Takeover Fight
The market values of both companies have declined since the coronavirus pandemic intensified.
Xerox Ups Offer for HP, But Is It Enough?
Xerox Holdings on Monday announced a sweetened tender offer for HP at about $24 a share, or $34 billion.
Xerox Plans to Nominate New Slate of HP Directors
The move comes after HP rejected Xerox’s latest takeover offer.
HP Rejects Xerox’s Takeover Offer
HP signaled it was open to exploring a ‘potential combination’ between the two companies.
Xerox CEO to Step Down in Victory for Icahn
Jeff Jacobson is resigning to settle a legal battle between Xerox and hedge-fund billionaire Carl Icahn over its proposed merger with Fujifilm.
Icahn Unveils Alternative to Xerox-Fuji Merger
The billionaire investor and another Xerox shareholder believe the copier pioneer can have “a better, brighter future as a standalone company.”
Xerox Era Ends With $6.1B Fujifilm Takeover
Fujifilm will fold its joint venture with Xerox into a combined company designed to "compete in today’s environment with truly global scale."
Kodak Decides Against Selling Prosper Business
“While we had multiple offers, the range of consideration did not reflect the value of the business today,” CFO David Bullwinkle says.
Conduent Spinoff Boosts Xerox Stock by 10%
Wall Street analysts upgrade their outlooks on Xerox after it completes the spinoff of its business services unit.
CFOs on the Move: Week Ending Dec. 16
Xerox, Rent-A-Center, Illumina, Och-Ziff, CPI Card, FTD Cos., Titan International, Alexion, Tailored Brands, Adams Resources & Energy