XEROX / ACS
Darwin Deason finally struck a deal to sell Affiliated Computer Services, Inc., the company he founded in 1988. Xerox Corporation announced on September 28 that it had agreed to buy ACS for $6.4 billion in cash and stock. Xerox will also assume $2 billion in debt and $300 million in convertible preferred securities to bring the total deal value to $8.7 billion.
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