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Xerox Corp.’s split into two separate entities has been welcomed by investors, with the legacy company’s stock rising more than 10% over the past two days.
The spinoff of Conduent, Xerox’s business services unit, was completed on Tuesday, leaving Xerox free to focus on digital print technology and services.
“Today is an historic day for Xerox. The successful completion of the separation sharpens our market focus and commitment to our customers,” Xerox CEO Jeff Jacobson said in a...