Thread regarding Xerox Corp. layoffs

"If the LEX owners are d-mb enough to take stock for their equity, they will learn the hard way."

They are not. It's $1.5 billion cash for Lexmark, there aren't enough XRX shares to pay that amount.

“Do you really think the Federal Government will continue to use XRX if the CCP can read every memo someone copies or scans on an XRX device?”
Agree but you’re giving Govt way too much credit. Tik Tok? Can barely keep FAA working with all the cuts.

• xrx closes @ $6.93 with another epic low... Hey, where my 100 more years Kool-aid crew at?

If the LEX owners are d-mb enough to take stock for their equity, they will learn the hard way.

Just dropped to $6.89 ....

"Xrx @ $7.00 - What does this mean for Lexmark purchase? Assuming Ninestar signs off and regulators approve. Percent chance this will go through? "

You are going in debt, to buy a sh---y company with debt of its own (you really don;t even know how bad it is b/c they are private).

Yeah, it could get blocked, but honestly, XRX might have better odds of survival if it doesn't go through. Do you really think the Federal Government will continue to use XRX if the CCP can read every memo someone copies or scans on an XRX device?

Xrx @ $7.00 - What does this mean for Lexmark purchase? Assuming Ninestar signs off and regulators approve. Percent chance this will go through?

KODK for the win!!! 7.32 vs XRX @ 7.14 today. 🤣

Bank has to loan us more to even have a chance of getting back what we owe. They need to prep for write offs now and just call it good. XRX needs about $30m just for the big 10. What would we do without them.

Things are not looking good …

"Debt for revenue theory is hard to fathom... "

XRX borrows money to buy companies w/ revenue. Then XRX's debt load gets too high and it files CH 11 (reorganization) not CH 7 (liquidation). The debt gets restructured/partially forgiven, a LOT more people get fired, and the shareholders get wiped out. Business continues, and the CSuite stay on, or get Golden Parachutted to early retirement, as they are now unemployable.

Winners, C-Level. Losers, shareholders, employees, and bondholders.

It's the Private Equity model, with a publicly traded company.

Debt for revenue theory is hard to fathom... Alternative explanation? Hmmm. Let me think, ummm nope, I got nothing. So guess equation we’re working with are Jack’s 5 magic beans equivalent to one dairy cow? - Kodak / Xerox basically now at parity.