ACS shareholders get $18.60 in cash and 4.935 Xerox shares for each share they own. Xerox picks up ACS’ $2 billion debt. As for the synergies, Xerox said the deal is about growth:
For Ursula Burns, Xerox’s CEO, the ACS deal is a defining moment that comes early in her tenure. In a statement, she said:
Xerox said Monday it will buy Affiliated Computer Services in a cash and stock deal valued at $6.4 billion.
By combining Xerox’s strengths in documen
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