Reply to post: Re: aren't they doomed anyway ?

Talk about ill-gotten gains: Coronavirus KOs Xerox's $30bn months-long hostile takeover bid of HP Inc


Re: aren't they doomed anyway ?

Agreed, HP's board was correct that the planned takeover would have saddled the new firm with enormous amounts of unserviceable debt and could have possibly killed both. This was all Carl Icahn's baby from the get-go and as history has shown Icahn is not concerned with long-term viability, just short-term profit.

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