Posts Tagged ‘computer services inc’
Xerox, ACS merger is complete
February 9th, 2010
Xerox Corp. said Monday it has completed its acquisition of Affiliated Computer Services Inc. in a deal that creates one of the largest business process and document management platforms.
News of the completed merger came after more than 96 percent of the Xerox common shareholders voted for the merger Friday. In addition, 86 percent of the voters with outstanding ACS Class A and B stock voted in favor of merging the Dallas-based business process outsourcing company into Xerox (NYSE: XRX).
Xerox Corp. agreed to acquire Affiliated Computer Services for $6.4 billion last year.
On Sept. 28, the two companies signed an agreement in which Xerox said it would purchase ACS through a cash and stock transfer transaction.
Posted in Corporate | 
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