four 5,087 posts msg #141622 - Ignore four |
1/31/2018 12:22:45 PM
Xerox (XRX) is disappearing into the maws of Fujifilm Holdings (4091JP), in which Xerox holders will get a special dividend of $9.80 per share, and 49.9% of the new entity. Xerox said the combination will produce "a global leader in innovative print technologies and intelligent work solutions, with annual revenues of $18 billion and leadership positions in key geographic regions."
Xerox shares are up $2.44, or almost 8%, at $35.12.
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https://www.barrons.com/articles/tech-today-broadcom-rising-xerox-merging-qualcomm-qorvo-microsoft-on-tap-1517413344?mod=hp_RTA&
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