Reports that digital giant Xerox would acquire the American publisher RR Donnelley have come to nothing. Days ago,  Bloomberg reported a leak that placed Xerox in talks with RR Donnelley. The leak followed Xerox’s decision to split into two businesses in January. Analysts believed the takeover would give Xerox the growth it has failed to achieve organically. The report cited sources and had the two companies – the world’s biggest printer and the world’s biggest digital press supplier – in talks, though it stated the deal needed to negotiate significant issues. Neither company has issued a public statement. Subsequently, the Wall Street Journal has reported Xerox has rejected the bid. RR Donnelley had sales of $US11.6bn last year while Xerox generated sales of $US18bn, made up of US$11bn from its technology business and US$7bn from its business processing outsourcing service.
No deal for Xerox and RR Donnelley
