Xerox says exploring potential deal for financing business

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(Reuters) – Xerox Corp said on Monday it was exploring the possibility of a “strategic transaction” for its customer financing business, which accounts for more than 65 percent of its overall debt.

The printer maker said its plan to simplify its operations would lead to gross savings of at least $640 million in 2019 and $1.5 billion by 2021.

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SOURCE Reuters

Excellent As Xerox Presses Are, They Cannot Sell Themselves