NY – The manufacturer of computers and printers HP Inc. said Wednesday that it has received a “proposal” from Xerox and has held “occasional” conversations with the photocopier company for a possible business combination.
HP said it received the proposal on Tuesday, but did not elaborate on details. He said he will do the most convenient for his shareholders.
Xerox did not answer questions at the moment.
According to the Tuesday edition of the Wall Street Journal, Xerox was considering submitting an offer to HP.
HP and Xerox have faced difficulties due to a drop in demand for printed documents and ink. Both have been trying to reduce costs to improve their results.
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