Xerox to Buy Printer Maker Lexmark in $1.5 Billion Deal (2)


Xerox to Buy Printer Maker Lexmark in $1.5 Billion Deal (2)

The transaction includes debt and other liabilities that Xerox will assume from current owners , and Shanghai Shouda Investment Centre. Xerox will cut its annual dividend to 50 cents a share from $1 to help finance the takeover, according to a company Monday. The deal is expected to close in the second half of 2025, pending approval from US and Chinese regulators.

Acquiring Lexmark will bring manufacturing in-house and improve exposure ...

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