Xerox (XRX) To Merge With Major Fortune 500 Company

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Xerox hasn’t made any moves yet, but according to people familiar with the situation, Xerox is in talks to acquire R.R.
Donnelley & Sons. Founded in 1864 and based in Chicago, R.R. is a Fortune 500 company that provides print and related services.

According to the sources, Xerox Corp. would acquire R.R. Donnelley Co. and merge some of it with its copier, printer and related-services business and the rest with its smaller business process outsourcing services.

One person has said the talks are in the early stage while another said the deal could be announced before Xerox’s split is completed.

Shares of R.R. Donnelley jumped as much as 12 percent in afterhours trading. Based on Monday’s closing share price, Xerox has a market value of about $9.6 billion, while R.R. Donnelley has a market value of about $3.9 billion.

Disclaimer: We have no position in Xerox Corp. (NYSE: XRX) and have not been compensated for this article.