XRX - Why Photocopy Giant Xerox Shares Are Down Today | Benzinga
Xerox Holdings Corporation (NASDAQ:XRX) shares are trading lower today.
Yesterday, Xerox announced its intention to offer, $300 million of convertible senior notes in a private placement to qualified institutional buyers.
The company expects to grant the initial purchasers of the Notes a 13-day option to purchase up to $45 million of additional notes.
The company also announced an increase in the maximum tender cap for 5.000% ...