Thread regarding Xerox Corp. layoffs

NO IT'S NOT!!!

1. The voting isn't open yet
2. If you read the filings in December you would know that: certain Ninestar shareholders and their affiliates, entered into (an) Irrevocable Undertaking ... pursuant to which each stockholder agreed,... (i) to vote or cause to be vote all of the Ninestar shares they beneficially own. The shareholders party to the Voting Agreement collectively beneficially own approximately 32.12% of the outstanding Ninestar shares.
3. This is the - unchanged - 32% they reference
4. Larping as a security analyst can be harmful to your wealth

50% +1 vote is required, so 32% of the REQUIRED votes would be 16% of the shareholders.

They apparently only have 16% of all the shareholders on board with this.

Lexmark ain't happening.

Three challenges are threatening the Xerox–Lexmark deal:

1. Ninestar (Lexmark’s parent) sought a $1.8–$2.0B valuation but settled for $1.5B after failing to find another buyer. The deal was pressured by a U.S. import ban on Ninestar, upheld by a Federal Court in Feb 2024. Selling to a U.S.-based company like Xerox reduced regulatory concerns but came at a lower price.
2. U.S.–China tensions have worsened since the December announcement. With 51% of Ninestar controlled by the top 12 individual Chinese shareholders, many are reluctant to approve a 25% sale price discount—especially given recent trade war. Shareholders will only receive $75–$150M in equity from the sale, with the rest used to cover Lexmark’s $1.4B debt.
3. Xerox’s stock price and weak market cap make it increasingly difficult to secure funding for the acquisition.

Despite public claims of a June close, messaging has shifted, signaling growing uncertainty. This deal is 50-50 at best.

Chinese security exchange approvals? Dey aint approving sh-t