The following appears on cnbc.com,  by Emma Newburger The board said the offer from Xerox undervalues HP and is not in the best interest of shareholders. Xerox had offered HP $22 per share in its takeover bid for the company. The bid consists of 77% cash and 23% stock, or $17 in cash and 0.137 … Continue reading HP Board Unanimously Rejects Xerox’s Bid to Acquire the Company