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Thursday, March 30, 2023
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Xerox drops HP takeover bid, citing COVID-19 pandemic

The Norwalk-based company thanked the "banks who agreed to finance this acquisition."

Xerox cites COVID-19 in suspending HP hostile takeover efforts

The company insisted that a plummeting stock market played no role in its decision.

Carl Icahn proposed buying HP if it rebuffed Xerox overtures

Icahn raised the scenario after purchasing a 4.2% stake in HP

Xerox reportedly seeks to woo HP shareholders with dinner at Greenwich...

Reuters reported that additional Greenwich dinner meetings could be possible in the coming days.