Xerox, Lenders Tap Advisers On Stagnant Revenue, Cash Burn Worry

Xerox Holdings Corp. is working with advisers as the printing and document company wrestles with stagnant revenue and cash burn concerns, according to people with knowledge of the matter.

• The company is working with Lazard Inc. and Kirkland & Ellisfor debt help, while a group of lenders is working with Gibson Dunn & Crutcher, said the people, who asked not to identified discussing a private matter
• Xerox, Lazard, Kirkland and Gibson Dunn didn’t immediately respond to requests for comment
• Xerox had about $3.9 billion of debt as of June 30, which also includes other obligations such as finance ...