{"id":19001,"date":"2022-03-28T07:42:04","date_gmt":"2022-03-28T14:42:04","guid":{"rendered":"https:\/\/marketdepth.com\/?p=19001"},"modified":"2022-03-28T07:42:06","modified_gmt":"2022-03-28T14:42:06","slug":"hp-to-acquire-poly","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/hp-to-acquire-poly\/","title":{"rendered":"HP to Acquire Poly"},"content":{"rendered":"\n<p>HP Inc. (NYSE: HPQ) has <a href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/03\/28\/2410884\/0\/en\/HP-Inc-to-Acquire-Poly.html\">reported<\/a> a definitive agreement to acquire Poly (NYSE: POLY) in an all-cash transaction for USD 40 per share.\u00a0 This implies a total enterprise value of USD 3.3 Billion, which is inclusive of Poly\u2019s net debt.\u00a0 \u201cThe rise of the hybrid office creates a once-in-a-generation opportunity to redefine the way work gets done,\u201d said Enrique Lores, President and CEO of HP. \u201cCombining HP and Poly creates a leading portfolio of hybrid work solutions across large and growing markets. Poly\u2019s strong technology, complementary go-to-market, and talented team will help to drive long-term profitable growth as we continue building a stronger HP.\u201d<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-style-large\"><p>\u201cI am thrilled about the opportunity this represents for Poly, our employees, partners and customers. The combination gives us an opportunity to dramatically scale, reaching new markets and channels, supercharging our innovation with a like-minded partner. This transaction offers compelling and certain value for our shareholders and speaks to the hard work done by our teams to become a recognized leader in helping businesses everywhere meet the challenges of a generational disruption in the way people work.\u201d<\/p><cite>Dave Shull, Poly CEO and President<\/cite><\/blockquote>\n\n\n\n<p>This transaction is expected to close by the end of 2022, subject to Poly stockholder approved, regulatory clearances and satisfaction of other customary closing conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"HP Inc. (NYSE: HPQ) has reported a definitive agreement to acquire Poly (NYSE: POLY) in an all-cash transaction for USD 40 per share.\u00a0 This implies a total enterprise value of USD 3.3 Billion, which is inclusive of Poly\u2019s net debt.\u00a0 \u201cThe rise of the hybrid office creates a once-in-a-generation opportunity to redefine the way work&#8230; <a class=\"view-article\" href=\"https:\/\/marketdepth.com\/hp-to-acquire-poly\/\">View Article<\/a>","protected":false},"author":3,"featured_media":19002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":0,"footnotes":""},"categories":[10,31,17,11,7,16],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HP to Acquire Poly - MarketDepth<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketdepth.com\/hp-to-acquire-poly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HP to Acquire Poly - MarketDepth\" \/>\n<meta property=\"og:description\" content=\"HP Inc. (NYSE: HPQ) has reported a definitive agreement to acquire Poly (NYSE: POLY) in an all-cash transaction for USD 40 per share.\u00a0 This implies a total enterprise value of USD 3.3 Billion, which is inclusive of Poly\u2019s net debt.\u00a0 \u201cThe rise of the hybrid office creates a once-in-a-generation opportunity to redefine the way work... 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(NYSE: HPQ) has reported a definitive agreement to acquire Poly (NYSE: POLY) in an all-cash transaction for USD 40 per share.\u00a0 This implies a total enterprise value of USD 3.3 Billion, which is inclusive of Poly\u2019s net debt.\u00a0 \u201cThe rise of the hybrid office creates a once-in-a-generation opportunity to redefine the way work... 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