Xerox to acquire Lexmark for $1.5 billion

Xerox Holdings Corp. announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corp., PAG Asia Capital, and Shanghai Shouda Investment Centre in a deal valued at $1.5 billion, inclusive of assumed liabilities. This acquisition will strengthen the Xerox core print portfolio and build a broader global print and managed print services business better suited to meet the evolving... Read More