Xerox selling ITO unit, stock edged up in premarket

... to the condition of certain assets at closing. Xerox anticipates proceeds of about $850 million, after taxes. The Norwalk, Connecticut-based company said that it plans to increase its 2015 capital allocation for stock buybacks to about $1 billion ...



via Norwalk Newswire http://www.kansas.com/news/business/article4662666.html