Business Management - M&A
Icahn implored HP shareholders to pressure HP’s board to expedite a due diligence process and accept Xerox’s $33.5B acquisition offer.
Ocean Outdoor continues its acquisition trail with an offer to acquire the outstanding shares in AdCityMedia.
HP’s board of directors rejected Xerox’s offer and its ultimatum of a hostile bid attempt if the HP board didn’t proceed accordingly.
Pixelle Specialty Solutions signed a definitive purchase agreement to acquire specialty paper mills from Verso Corporation.
Xitron – developer of Harlequin RIP and workflow products – was acquired by Global Graphics.
Xerox is considering a $27B offer for HP Inc., a Palo Alto, Calif.-based company with a market value more than three times its own.
The agreement between Toppan Printing Co. and Wrede Industrieholding to acquire 100% of Interprint has been approved.
Trotec Laser has acquired the assets of Engravers Network, a laser distributor based in Arlington, Texas. The acquisition gives the laser manufacturer opportunities to extend its market reach and broaden the services and support for new and existing customers.
Earlier this spring, Ferrari Color was acquired by Signs.com, a fast-growing online seller of wide-format graphics. The news attracted attention, in part because Ferrari Color was such a well-known pioneer in the business.