Hp inc on m&a says "it's abundantly clear that now is not that time"

Hp issues letter to shareholders.hp inc says "believe xerox proposal fundamentally undervalues hp".hp says "we remain open-minded about m&a as a tool to add value for hp shareholders at right time and on right terms".hp inc on m&a says "it's abundantly clear that now is not that time".hp inc says have a healthy cash position and balance sheet that helps co to navigate unanticipated challenges such as crisis now.
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