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flag Xerox to buy Lexmark for $1.5 billion, boosting print presence, post-regulatory approval.

flag Xerox Holdings will acquire Lexmark International for $1.5 billion, aiming to strengthen its print portfolio and expand global services. flag The deal, pending regulatory approval, is set to close in the second half of 2025. flag Xerox will finance the acquisition with cash and debt, reducing its annual dividend from $1 to 50 cents per share. flag The acquisition will enhance Xerox's presence in the A4 color market and diversify its distribution.

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