Coronavirus fear causes Xerox to halt pursuit of HP
Xerox will restart its bid for HP when markets stabilise, according to a person familiar with the matter
13 March 2020 - 16:39
New York — Xerox says it will pause its pursuit of HP amid a global sell-off in the markets after the outbreak of the coronavirus.
“Xerox needs to prioritise the health and safety of its employees, customers, partners and affiliates over and above all other considerations, including its proposal to acquire HP,” Xerox CEO John Visentin said in a statement on Friday, adding that the company continued to monitor the situation closely...
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