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VOICE ARCHIVE

Xerox Newsroom

@xerox newsroom
4 posts
2024-12-24
Xerox to Acquire Lexmark
2024-12-24 View on X
Wall Street Journal

Xerox agrees to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda in a deal valued at $1.5B, including debt, closing in H2 2025

Lauren Thomas / Wall Street Journal :

2024-01-04
Xerox Reinvention and Operating Model Evolution
2024-01-04 View on X
CNBC

Xerox plans to cut 15% of its workforce as part of a restructuring; the company had ~20,500 employees as of December 31, 2022, per an SEC filing; XRX drops 12%+

Xerox has been shrinking for years so this may not be a surprise to many.  —  https://www.cnbc.com/... Bluesky: Emil Protalinski / @epro.social : Here's something you don't see eve...

2020-04-01
Xerox Provides Update on Proposal to Acquire HP
2020-04-01 View on X
Wall Street Journal

Xerox plans to end its $30B+ tender offer for HP and proxy fight to replace HP's board after the pandemic undercut its ability to execute a merger

Cara Lombardo / Wall Street Journal :

2018-01-31
FUJIFILM Holdings and Xerox Announce Agreement to Combine Fuji Xerox Joint Venture with Xerox
2018-01-31 View on X
Bloomberg

Fujifilm buys control of Xerox to form an $18B company, marking an end to the iconic American giant's independence

Joint venture to eliminate 10,000 jobs globally in revamp  —  Deal will end independence of U.S. firm formed in early 1900s  —  Fujifilm Holdings Corp. is buying control …