“While Xerox saw an immediate impact to our business due to the rapid implementation of lockdown measures globally, the disciplined approach we implemented over the last two years provided a foundation to move quickly to preserve cash, continue operations, provide support to our many clients on the frontlines, and apply our manufacturing and R&D expertise to help save lives. I’m incredibly proud of the Xerox team’s dedication and ingenuity during this extraordinary time.” - Xerox Vice Chairman and CEO John Visentin
News & Features
Xerox Holdings Corporation (NYSE: XRX) is leveraging its manufacturing capabilities and in-house materials expertise to produce approximately 140,000 gallons of hand sanitizer by June 2020, an initiative focused on helping to save lives during the current global health crisis.
Xerox Holdings Corporation (NYSE: XRX) and Vortran Medical Technology are teaming up to speed and scale production of Vortran’s GO2Vent ventilator and related Airway Pressure Monitor (APM-Plus) for hospitals and emergency response units fighting the battle against COVID-19.
Corporate - Mar 31, 2020
The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc. (NYSE: HPQ) (“HP”). Accordingly, we are withdrawing our tender offer to acquire HP and will no longer seek to nominate our slate of highly qualified candidates to HP’s Board of Directors.
Corporate - Mar 13, 2020
“In light of the escalating COVID-19 pandemic, Xerox needs to prioritize the health and safety of its employees, customers, partners and affiliates over and above all other considerations, including its proposal to acquire HP,” said John Visentin, Xerox vice chairman and chief executive officer. “
Corporate - Mar 10, 2020
Xerox Files Preliminary Proxy Statement for Special Meeting to Approve Share Issuance in HP Transaction
Xerox Holdings Corporation (NYSE: XRX) (“Xerox”) today announced that it is filing a preliminary proxy statement with the United States Securities and Exchange Commission (“SEC”) to seek approvals from its shareholders related to the issuance of Xerox shares in connection with its offer to acquire HP Inc. (NYSE: HPQ) (“HP”).
Corporate - Mar 09, 2020
Xerox Files Preliminary Proxy Statement Supporting its Slate for Election at HP’s 2020 Annual Meeting
Xerox Holdings Corporation (NYSE: XRX) (“Xerox”) today announced that it is filing a preliminary proxy statement with the United States Securities and Exchange Commission (“SEC”) in support of its slate of independent candidates to replace the board of directors of HP Inc. (NYSE: HPQ) (“HP”) at HP’s 2020 Annual Meeting of Stockholders.
Corporate - Mar 02, 2020
Xerox Launches Tender Offer to Acquire All Outstanding Shares of HP for $24 Per Share in Cash and Stock
Xerox Holdings Corporation (NYSE: XRX) (“Xerox”) today launched a tender offer to acquire all outstanding shares of HP Inc. (NYSE: HPQ) (“HP”) for $24.00 per share, comprising $18.40 in cash and 0.149 Xerox shares for each HP share.