Xerox raises takeover bid for HP By Reuters

© Reuters. Xerox raises takeover bid for HP

(Reuters) – Xerox (NYSE:) Holdings Corp on Monday raised its offer to buy PC-maker HP Inc (NYSE:) to $24 per share from $22 per share.

The latest offer comprises $18.40 in cash and 0.149 Xerox shares for each HP share.

The U.S. printer maker first made a cash-and-stock offer to HP, a company more than three times its size, in November.

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