Excellent article from a tech writer who seems to have a good grasp on the state of Xerox, and positive things to say about HP management (full disclosure, I am a former Xerox employee)
https://techspective.net/2020/03/20/xerox-hostile-takeover-of-hp-inc-hits-a-wall/
Both companies are way overvalued and are essentially obsolete. Think I'm kidding? Look at what they offer technology and service wise, and all of the ALTERNATIVE options out there that have better tech, have responded better to changing times and business/consumer demands, and are much less debt laden
An analogy to Xerox buying HP would be Sears buying Bed, Bath and Beyond (or BBBY buying Sears)