Xerox Sells Information Technology Outsourcing Business to Atos

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On December 18, Xerox announced it had entered an agreement to sell its information technology outsourcing (ITO) business to digital services company Atos for $1.05 billion. The deal, expected to close in the first half of 2015 pending customary closing conditions and regulatory approval, includes additional consideration of $50 million subject to the condition of

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