DividendsCutting the dividend, which has always been key for value investors in the shares, is seen as a negative aspect of the acquisition.
Execution RiskThe acquisition will raise many questions when put in context of the recent challenges and strategic actions taken by Xerox recently, including adding the complexity of a large acquisition to enact a transformation that was largely focused on reduction of complexity and costs.
Market ChallengesXerox continues to face structural headwinds in the Print market, which are greater than envisioned by company management.