New financing commitments signal Xerox is pushing ahead with its unsolicited $33 billion offer for its rival HP
Xerox Holdings Corp. has secured financing for its takeover offer for HP Inc., according to people familiar with the matter, a sign the printer-and-copier company is pushing forward with an unsolicited $33 billion bid that its larger rival has resisted.
Citigroup Inc., Mizuho Financial Group Inc. and Bank of America Corp. have agreed to back Xerox by lending up to $24 billion, the people said.
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