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- by finance.yahoo.com
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Xerox Completes $1.5B Lexmark Acquisition, Supports Print Market Position
Xerox Holdings Corporation (NASDAQ:XRX) is one of the cheap IT stocks hedge funds are buying. On July 1, Xerox officially completed its acquisition of Lexmark International Inc. This transaction, valued at $1.5 billion including net debt and assumed liabilities, involved the purchase of Lexmark from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre. […]