Business News

Review Period Expires for Xerox Acquisition of ACS

Friday 11. December 2009 - Xerox Corporation (NYSE: XRX) announced today that the Hart-Scott-Rodino review period for its acquisition of Affiliated Computer Services, Inc. (NYSE: ACS) has expired.

Xerox announced on Sept. 28, 2009, that it had entered into an Agreement and Plan of Merger to acquire ACS in a cash and stock transaction.

The expiration of the HSR waiting period satisfies one of the conditions to the closing of the acquisition. The closing of the acquisition is also subject to other customary closing conditions, including foreign regulatory approvals and the approval of the ACS and Xerox stockholders.