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Xerox restructures business to create holding company

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Xerox Corp said on Thursday it will implement a structure in which the printer m...

FILE PHOTO: The logo of Xerox company is seen on a building in Minsk, Belarus, March 21, 2016. REUTERS/Vasily Fedosenko/File Photo

The reorganization is expected to be implemented in mid-2019 and the new holding company’s shares will trade on the New York Stock Exchange under its current ticker “XRX”.

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Xerox restructures its business to create a holding companyXerox said on Thursday it will implement a structure in which the printer maker will become a wholly owned unit of a new holding company.
Source: CNBC - 🏆 12. / 72 Read more »