Jim Cramer on Xerox's Reported Bid for HP, Walgreens Reportedly Going Private

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Jim Cramer's tackling CVS (CVS) - Get Report , the reports that Walgreens (WBA) - Get Report is considering going private, and his thoughts on reports that Xerox XRX has made an offer to buy HP (HPQ) - Get Report .

Walgreens Boots Alliance Is Reportedly Considering Going Private

Walgreens Boots Alliance, the giant drugstore and healthcare chain, is looking into the prospect of going private, a deal that would be the largest leveraged buyout in history, reports said Tuesday.

People familiar with the matter told Reuters and Bloomberg that the Deerfield, Ill., chain has held informal talks with private-equity firms, wrote TheStreet's Rob Daniel.

The company couldn't immediately be reached for comment by TheStreet. Chief Executive Stefano Pessina is Walgreens' largest holder with about 16%, the reports said.

Curious about what this means for the markets? TheStreet's Martin Baccardax and Amanda Agati, chief investment strategist at PNC, weighed in on how Walgreens going private could impact the broader markets. 

Xerox Is Reportedly Interested in Buying HP Inc. 

Xerox (XRX) - Get Report is considering making a cash-and-stock offer for HP Inc., which has a market value of about $27 billion, The Wall Street Journal reported.

The board of copier maker Xerox discussed the possibility Tuesday, people familiar with the matter told the Journal.

There is no guarantee Xerox will follow through with an offer, the Journal noted, or that one would succeed.

HP, which makes computers and printers, is more than three times the size of Xerox and any bid would be at a premium to its current stock price of $18.40, the people said. Xerox has a market cap of $8.05 billion.

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