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HP Issues Statement Regarding Xerox’s Offer Withdrawal

'We have a healthy cash position and balance sheet that enable us to navigate unanticipated challenges,' HP said in the statement.

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By: Anthony Locicero

Copy editor, New York Post

HP Inc. issued the following statement following Xerox Holding Corporation’s withdrawal of its unsolicited exchange offer and director nominations: We remain firmly committed to driving value for HP shareholders. HP is a strong company with market-leading positions across Personal Systems, Print and 3D Printing & Digital Manufacturing. We have a healthy cash position and balance sheet that enable us to navigate unanticipated challenges such as the global pandemic now before us while preserv...

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