Inside Xerox’s audacious quest to buy much bigger rival HP

[jjohnson873]

I imagine that the Xerox offer of $24/sh, for HPQ, is off the table with HPQ shares trading near $14/sh on Monday. But the total offer could now be much lower at $24B vs. $35B. Not sure what Xerox is thinking, by buying HPQ netting 5% margin. While HPQ has $4.5B in cash, they also have $6.0B in debt. Debt assumption would still be enormous. Lexmark was purchased by the Chinese two years ago. The printer market is a drive to the bottom, IMHO. Unfortunately, calculators are now a small HP sideline that used to be a respected product HP pioneered when Bill and Dave had a passion for excellence in design and engineering. We truly lived in the golden era of the electronic frontier with HP, Jobs and Gates.....just to name a few.