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Xerox announces expiry of Hart-Scott-Rodino review period for acquisition of ACS
(EquityBites Via Acquire Media NewsEdge) Manufacturer of document equipment, software, solutions and services provider Xerox Corporation (NYSE:XRX) reported on Tuesday the expiry of the Hart-Scott-Rodino (HSR) review period for the acquisition of business process outsourcing (BPO) and information technology (IT) services provider Affiliated Computer Services Inc (NYSE:ACS).
The HSR waiting period satisfies one of the conditions to the closing of the acquisition, which is also subject to other customary closing conditions such as foreign regulatory and ACS and Xerox stockholders' approvals.
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