Xerox Stock Lower After HP Rejects Takeover Offer
March 05 2020 - 1:29PM
Dow Jones News
By Stephen Nakrosis
Shares of Xerox Holdings Corp. are trading are trading lower
Thursday, following news HP Inc. rejected a $35 billion takeover
bid, calling the offer too low.
At 12:51 p.m. EST, Xerox shares had lost 6.11%, to trade at
$31.63. The stock opened at $32.42 and had traded as high as $32.67
earlier in the session.
Shares of HP are also trading lower, losing 1.06% to trade at
$21.37. The stock opened at $21.08 and had been as high as $21.70
earlier in the day.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 05, 2020 13:14 ET (18:14 GMT)
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