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The acquisition of Lexmark can revitalize Xerox's core offerings. However, the significant dividend cut raises concerns for investors.
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Xerox acquires Lexmark for $1.5 billion, boosting stock 9.1%. Dividend cut from $1 to $0.50 affects investor returns drastically. Xerox aims to enhance print services for hybrid workplaces. Analysts show limited attention to Xerox stock, with a recent Sell rating.
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