I’m a San Francisco-based reporter covering breaking news at Forbes. Previously, I’ve reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter @rachsandl or shoot me an email [email protected].
: HP’s board of directors unanimously rejected a proposal from Xerox to acquire the company, HP announced Sunday, scuttling a deal that would have united the two struggling printing companies—but the rejection left open the possibility of a deal after more due diligence.
HP also said it had reservations about the decline in Xerox’s revenue, which has decreased from $10.2 billion to $9.2 billion since June 2018.
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