But Perry’s exit — the first this year among major presidential candidates — was abrupt: He suspended his campaign late last Friday in the face of a dwindling bankroll that forced him to lay off staff, as well as a series of polls that showed him slogging along toward the bottom of the Republican field.
A major Xerox shareholder has filed a lawsuit to block the printing and business process outsourcing giant from breaking off into two separate publicly traded companies.
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Deason’s unique investment," according to court papers.
"(He) will lose the opportunity to participate in the growth of the … Deason was responsible for building."A spokesperson for Xerox called the lawsuit "meritless" and said the company was on schedule to complete the spit later this year."We are confident that the separation and the strategic transformation program we are implementing will enhance value for our shareholders today as well as for future shareholders of Xerox and Conduent," Carl Langsenkamp, said in an email response.
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(ACS) was a company that provided information technology services as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. ACS was ranked at number 341 on the 2010 Fortune 500 list. ACS expanded beyond banking BPO services when it signed a 10-year data processing outsourcing contract with Southland Corporation. In 1995 ACS became a public company and divested bank data processing.Dallas billionaire Kelcy Warren, Perry’s campaign finance chairman, contributed million.Darwin Deason, also a Dallas billionaire, gave million.Jordan Russell, a spokesman for the Opportunity and Freedom PAC groups, declined to comment.It’s unusual for a super PAC to find itself flush with cash after a candidate drops out.