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://newsok.com/xerox-selling-ito-unit-stock-edged-up-in-premarket/article/feed/775584?custom_click=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+newsok%2Fbusiness+%28NewsOK.com+RSS+-+business%29