Xerox Stock Pops After Billion-Dollar Acquisition
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Xerox Holdings Corp (NASDAQ:XRX) has agreed to acquire Lexmark International for $1.5 billion, aiming to rejuvenate its core business.
December 23, 2024 | 3:45 pm
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Xerox Holdings Corp has announced a $1.5 billion acquisition of Lexmark International, a move expected to strengthen its core business operations.
The acquisition of Lexmark is a strategic move by Xerox to enhance its main business operations. This significant investment indicates a positive growth outlook, likely boosting investor confidence and potentially increasing the stock price in the short term.
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