There is no truth to the report, a source close to the company said, while Nokia declined to comment. (bloom.bg/3a1uMAW)
FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S., December 17, 2019, 2019. REUTERS/Mike Blake/File Photo
The value of the acquisition was not released.
In a 57-page decision, U.S. District Judge Amos Mazzant ruled in favor of the United States, concluding that Congress acted within its powers by including the restriction in the National Defense Authorization Act, which also targeted Chinese company ZTE Corp.
The charm offensive comes after Xerox raised its cash-and-stock bid for HP last week by $2 to $24 per share ahead of a tender offer it plans to launch in early March. It is also asking HP shareholders to replace HP’s board directors with Xerox’s nominees at the company’s annual shareholder meeting later this year.
FILE PHOTO: The Huawei logo is seen on a communications device in London, Britain, January 28, 2020. REUTERS/Toby Melville/File Photo