13 March 2019
Xerox To Restructure into Holding Company
Failed merger might have played a part
Failed merger might have played a part
Xerox Corp announced  a change in its corporate structure into a holding company after which it will become part of that new holding company as a wholly owned unit. The structure of holding company allows a  firm to protect its patents, lowering its taxes and to diversify the businesses of its units.
Continued restructuring
Continued restructuring
The structural reorganization is expected to be implemented in mid 2019 and shares of newly formed holding company will continued to be trading under the Xerox’s current tag . No change of staff or closures have been announced. Some questions have been raised the question if this is also a move to combat Fujifilms law suite against Xerox for reneging on a merger deal last year. 
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