Xerox says it has lined up “binding financing commitments” to raise the cash it needs for its $33 billion cash-and-stock takeover offer for HP. The statement could force HP to come to the table to negotiate a deal. Xerox made an offer to buy HP last November for $22 a share, several dollars above HP’s stock price that had hit a low of $16.96 in early October. But HP, which is several times...
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The Briefing enterprise media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone
Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
Twitter Introduces Longer Tweets, For Blue Subscribers Only
SpaceX to Conduct Key Engine Test on Mars Rocket on Thursday
Alphabet’s Verily Appoints Biotech Executive As CFO
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