Monday, September 28, 2009

Xerox to Buy Affiliated Computer Services

Xerox has announced that it will be paying $6.4 billion for the acquisition of outsourcing company Affiliated Computer Services. Xerox will be paying $63.11 in cash per stock of A.C.S. It is expected that Xerox revenues will triple to about $1o billion next year, up from $3.5 billion in 2008

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