HP reiterates its rejection of Xerox's offer to buy the company

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HP reiterates its rejection of Xerox's offer to buy the company
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HP Inc reiterated on Sunday its rejection of Xerox Corp's $33.5 billion(£26...

) $33.5 billion cash-and-stock offer for the company, adding that the proposal “significantly undervalues HP.”

“We reiterate that we reject Xerox’s proposal as it significantly undervalues HP,” HP said in a letter to Xerox made public on Sunday.

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