Xerox-Lexmark, Novo Nordisk, News Corp: 3 Stories in Focus

Yahoo FinanceDec 23 23:25

Xerox Shares Gain on Lexmark Acquisition

WSJDec 23 23:18

U.S. stocks are moving differently | Xerox shares rise over 10% as it will acquire Lexmark for $1.5 billion.

On December 23, Glonghui reported that Xerox in the USA (XRX.US) rose over 10%, trading at $9.25. In the news, Xerox announced that it would acquire Lexmark International for $1.5 billion. This Trade involves Ninestar Corporation, TA Associates Asia Capital, and Shanghai Shouda Investment Center. Xerox expects to achieve over $0.2 billion in cost synergies within two years after the Trade is completed. To support this Global Strategy initiative, the Xerox Board of Directors has decided to reduce the annual dividend from $1 per share to $0.50. (Glonghui)

Gelonghui FinanceDec 23 22:46

Express News | Ninestar Says the Arbitration Will Not Affect the Sale of Lexmark International to Xerox

BreakingsDec 23 22:09

Express News | Ninestar Says Arbitration Requests Co to Pay No Less Than $689.0 Mln to Pag Asia Capital Lexmark

BreakingsDec 23 22:09

Express News | Ninestar Says Pag Asia Capital Lexmark Files Arbitration Against Co in Hong Kong

BreakingsDec 23 22:09