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5 Things To Know About A Potential Xerox-HP Deal: ‘The Copier King And The Printer King Combined’

For an industry that is in desperate need of a paradigm shift, nearly every corner of the market welcomed a rumored deal that would see surging Xerox acquire struggling HP.

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The Deal As Speculated

Xerox, according to the Wall Street Journal -- would make a cash and stock offer to buy HP Inc. – currently valued at $27 billion -- in a deal that could see $2 billion in synergies and would instantly leapfrog Xerox into position as the largest printer-copier manufacturer in the world.

Xerox reportedly “received an informal funding commitment from a major bank, known as a ‘highly confident letter,’” the Journal also reported.

Xerox also just landed $2.3 billion in a potential deal in which Fujifilm hopes to buy out Xerox ownership in the 57-year-old joint venture Fuji Xerox, and Xerox International Partners, pending regulatory approval. As a part of that proposed transaction, Fujifilm is dropping its $1 billion lawsuit against Xerox for backing out of the 2018 merger.

 
 
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