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Sunday, October 5, 2008

MFP Manufacturer Xerox Borrows 300 Million!

Could times really be that tough for Xerox, or is the credit crunch affecting them also? I picked this up on the web yesterday.

Without explanation, Xerox Corp. said yesterday it would tap into excess cash available in its Canadian subsidiary, Xerox Canada, to secure a $300-million (Canadian) loan.

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