March 7, 2019 / 12:05 PM / 6 months ago

Xerox to adopt holding company structure

March 7 (Reuters) - Xerox Corp said on Thursday it will adopt a structure in which the printer maker will become a wholly-owned unit of a new holding company.

The reorganization is expected to be implemented in mid-2019. (bit.ly/2NO9EUT)

Shares of the new holding company will trade on the New York Stock Exchange under its current ticker “XRX”. (Reporting by Sonam Rai in Bengaluru; Editing by Shounak Dasgupta)

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