Category: News Room
06 Dec 2019
Carl Icahn Urges HP Shareholders to Pursure Xerox’s $33.5B Offer
The tit-for-tat public letter exchanges that began Nov. 5 between the boards of Xerox Holdings and HP Inc. took another turn on Dec. 4 when billionaire activist investor Carl Icahn...
05 Dec 2019
Shared Investors Make HP-Xerox Deal ‘More Likely,’ Experts Say
As Carl Icahn calls on HP shareholders to rally around the proposed merger with Xerox, it appears many top investors share ownership in both companies...
03 Dec 2019
Is Ingram Micro Next on Warren Buffet’s Holiday Wish List? Not Likely
With Berkshire Hathaway making an unsuccessful offer for Tech Data last week, eyes in the channel turned to Ingram Micro with some observers wondering if the distributor...
26 Nov 2019
Five Biggest Disputes in Xerox’s ‘Hostile’ Takeover Bid for HP
Xerox CEO John Visentin has confirmed he will go around HP Inc.'s management in his company's takeover bid for the PC and printer giant. "We plan to engage directly"...
13 Nov 2019
Apollo Global Management Acquires Tech Data for $5.5B
Private equity firm Apollo Global Management (NYSE: APO) entered into a definitive agreement to acquire Tech Data (NASDAQ: TECD) for $130 per share in cash...
13 Nov 2019
Apollo Begins Countdown To Tech Data Acquisition
Private equity firm Apollo Global Management has inked an agreement to acquire distributor Tech Data Corp. But the buyout terms leave the door open for...
13 Nov 2019
All Eyes On Potential Fallout From Apollo Global’s $5.3B Tech Data Acquisition
Apollo Global Management’s $5.4 billion acquisition of distribution behemoth Tech Data has the channel focused on potential fallout from the deal including potential pricing or...
12 Nov 2019
What Is EBITDA: Formula, Definition, and History
EBITDA represents a formula calculated by taking the net income of a business and adding back interest payments, taxes, depreciation, and amortization. This helps compare...
06 Nov 2019
HP Reportedly Receives Takeover Bid from Xerox
Late Tuesday evening, the Wall Street Journal reported that Xerox Holdings Corp (NYSE: XRX) is considering a cash-and-stock offer to take over PC and printer...