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Business Report: Xerox gets financing to acquire HP - even as HP resists

In the latest WXXI Buiness Report, just ahead of his State of the State address, Governor Andrew Cuomo gave some details on three high-tech companies in Rochester that will add a total of more than 700 jobs.

Plus, Xerox says it has secured financing needed to help it acquire HP but HP management is still resisting the takeover bid; and details about new life for former Peebles stores in the region.

Randy Gorbman is WXXI's director of news and public affairs. Randy manages the day-to-day operations of WXXI News on radio, television, and online.