[CNBC Television] HP adopts ’poison pill’ to fend off Xerox’s takeover attempt

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: HP adopted a “poison pill“ to help fend off Xerox’s attempt to buy the computer and printer maker. The poison pill gives shareholders the right to buy more shares at a discount if any one entity acquires 20% of outstanding shares, diluting the group’s stake. CNBC’s David Faber reports. Xerox boosted its offer to acquire HP Inc. to $24 a share, or about $34 billion, the company announced Monday. The new offer would be for $ per share in cash and Xerox share per share of HP. Shares of HP climbed as much as 1.2% in afternoon trading on the news. Xerox’s stock was up 1.2%. In November, Xerox offered HP $22 per share in its takeover bid for the company. HP’s board of directors unanimously rejected the proposal, arguing the offer undervalued HP and wasn’t in the best interest of shareholders. In response, Xerox CEO John Visentin told HP’s directors that if they didn’t reconsider his acquisition bid, he would approach HP’s shareholders directly. Xerox said Monday’s announcement that it has met with HP’s shareholders several times to discuss the potential “synergies” that could come from a deal. Xerox said the sweetened bid would enable HP’s shareholders to “accept Xerox’s compelling offer despite HP’s consistent refusal to pursue the opportunity.” “The value created by the synergies realized in a combination of Xerox and HP is incremental to any value that HP can create by revising its strategic plan or dramatically changing its capital allocation policy to incorporate additional share repurchases,” Xerox said in the release. “Xerox’s offer provides HP stockholders with both significant, immediate cash value, and meaningful upside via equity ownership in the combined company.” Representatives from HP weren’t immediately available for comment. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNBC News on Instagram: #CNBC #CNBC TV