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Tag: nominates

Jan232020 by adminNo Comments

Xerox nominates 11 to replace HP board

Technology
Xerox plans to nominate 11 people to replace HP's board, a company that it is targeting for a takeoverByThe Associated PressJanuary 23, 2020, 9:02 PM1 min readNEW YORK -- Xerox will nominate 11 people to replace HP's board, a company that it is targeting for a takeover. In November, the computer and printer maker rejected a roughly $ 33.5 billion buyout offer from Xerox, saying that the deal would undervalue HP. HP said at the time that it remained open to exploring other options to combine with Xerox Holdings Corp. Xerox indicated earlier this month that it's still interested in an HP deal, saying it had lined up $ 24 billion in binding financing commitments. Xerox said Thursday that its 11 board nominees include former senior executives from companies including Aetna, United Airlines ...
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Apr182018 by adminNo Comments
Cuba nominates Castro replacement Miguel Díaz-Canel

Cuba nominates Castro replacement Miguel Díaz-Canel

World
Cuba's parliament has picked Raúl Castro's right-hand man, Miguel Díaz-Canel, as the sole candidate to succeed him, ending the family's long rule.Mr Castro took over as president from his ailing brother Fidel in 2006.An improvement in relations with the US which began under Barack Obama has been partially reversed since Donald Trump entered the White House. Mr Castro is expected to remain a powerful influence in the communist state even after he steps down.The National Assembly has voted on the nomination but the result will not be announced until Thursday, when he is expected to formally pass the presidency to Mr Díaz-Canel. However, he will stay on as head of the Communist Party until its next congress in 2021.The next Cuban leader will inherit a country in economic stagnation and with ...
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