Business Management - Finance/Financial

Xerox Officially Launches $35B Hostile Takeover Bid for HP
March 4, 2020 at 9:43 am

As promised, on March 2 Xerox Holdings launched a $34.9 billion hostile takeover proxy bid to acquire HP Inc. The unsolicited "hostile takeover" offer will increase cash flow, Xerox contends, which would help pare debt, increase capital returns to shareholders, and drive greater investment in innovation.

Former Manager Reportedly Embezzled $400,000 Worth From Idaho Printer
February 26, 2020 at 10:16 am

The allegations against Jonathon Whitney, 47, include that he was skimming money off of sales, misusing a company credit card, stealing and recycling printing plates for their aluminum and pocketing the cash, and running his own printing business using Falls Printing’s resources.