Xerox Announces Pro Rata Warrant Distribution to Enhance Shareholder Value and Accelerate Deleveraging
NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) ("Xerox†or the "Company†) today announced that its Board of Directors has approved a pro-rata distribution of warrants to holders (collectively, the "Eligible Holders†) of Xerox's common stock, par value $1.00 per share (the "Common Stock†), Series A Convertible Perpetual Voting Preferred Stock (the "Series A Preferred Stock†) and 3.75% Convertible Senior Notes due 2030 (the "Convertible Notes†), as part of the Company's ong ...