Xerox announced a reduction in its dividend today. It's the second dividend cut since December 2024. The reason cited was "increased flexibility" ahead of Xerox's upcoming acquisition of Lexmark. The ...

NORWALK, Conn. & LEXINGTON, Ky.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia ...

Xerox (NASDAQ:XRX) just dropped a bombshellit's buying Lexmark International in a $1.5 billion deal that's set to reshape the print and managed services industry. This deal, expected to close in late ...

Xerox is slashing 15% of its workforce, amounting to roughly 3,000 jobs, in a “reinvention” plan that encompasses a new organizational structure and operating model. The company, best known for ...

This article first appeared on GuruFocus. Xerox a former tech star has come into hard times as its main print equipment business has been in a decade long secular decline. While the print equipment ...