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Xerox reported a 2% fall in second-quarter revenue, hurt by lower demand in its printing business.
The sale of Xerox to Japanese tech giant Fujifilm has been cancelled after activist investors Carl Icahn and Darwin Deason acquired 15pc of the company.
There was a time when we ‘Xerox’-ed things and not Googled it. Xerox was a company nobody thought could fail. Sadly, it has. On January 31, Fujifilm of Japan bought a controlling stake in Xerox, which ...
The Lexmark deal, which includes its debt, will provide Xerox a much-needed scale to compete better. Xerox expects to close the deal in 2025.
Xerox Holdings Corp. today announced plans to buy Lexmark International Inc., one of its main competitors in the printer market, for $1.53 billion.
However, until the paper jam is cleared, and with no turnaround in sight, Xerox shares should be avoided, even though they are trading at practically book value.
HP has turned down a $33bn bid from rival Xerox, insisting it is worth more. But a merger seems likely before too long. Matthew Partridge reports.
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