Xerox selling ITO unit, stock rises in premarket

... and the ITO management team will join Atos. 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 and ...



via Norwalk Newswire http://www.sfgate.com/business/article/Xerox-selling-ITO-unit-stock-rises-in-premarket-5968081.php