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Xerox shares soar in premarket on Fujifilm deal rumours

In premarket deals, Xerox shares jumped more than 6% to trade at US$32.20
Talks are happening, but a deal is not expected imminently

Xerox Corp (NYSE:XRX) shares shot up in Thursday’s premarket dealing amid speculative reports that the copy company is in merger talks with Fujifilm.

A number of potential deals are being discussed, according to a Wall Street Journal report.

READ: Xerox shares higher premarket after company ups 2017 guidance following market busting results

A transaction with the Japanese photography and technology firm could include a change of control at Xerox, but, a ‘full takeover’ is said to not be on the table and no deal appears imminent.

In premarket deals, Xerox shares jumped more than 6% to trade at US$32.20.

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