Xerox denies creditor rumour

US copier and printer maker Xerox yesterday dismissed market rumours that it was about to file for creditor protection as untrue…

US copier and printer maker Xerox yesterday dismissed market rumours that it was about to file for creditor protection as untrue. The company, which has been struggling to address falling profit margins by implementing several costly restructurings in recent years, has shed some 85 per cent of its stock market valuation since 1999.

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