Xeroxing HP

摘要

IF THE BOARD won't agree, try the shareholders directly. After nearly a year of advances, on March 2nd Xerox made a formal tender offer for hp, a much bigger rival computer-and-printer-maker. It is willing to pay hp's shareholders $24 a share, valuing the company at $35bn. That is a third higher than its market capitalisation before Xerox made its intentions clear in November-and five times that of Xerox itself.