1. Xerox is Splitting into Two Companies

    Xerox is Splitting into Two Companies

    Xerox announced on Friday that it would become two, separate companies. The first company will focus on helping businesses process vast troves of documents. It will help customers with printing services, payment processing and digitizing paper documents. That was an $11 billion business for Xerox last year. The second company will help customers outsource key business processes, including HR, customer care and accounting. It will also help customers automate some of their own processes...

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    1. I am confident that the extensive structural review we conducted over the last few months has produced the right path forward for our company.
    2. We applaud Ursula Burns and Xerox's Board of Directors for recognizing the importance of separating Xerox into two publicly-traded companies.
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