Xerox Lines Up Citi Financing for Potential HP Bid

Xerox Said to Weigh a Potential Bid for HP
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Xerox Holdings Corp. has lined up financing from Citigroup Inc. as it weighs as potential bid for HP Inc., according to a person with knowledge of the matter.

Xerox is considering making a cash-and-stock offer for HP, said the person, who asked to not be identified because the deliberations are private. Xerox Chief Executive Officer John Visentin would run the combined company under the proposal being discussed, the person said.