Xerox Corp is slewing its business more and more away from its manufacturing operations and towards financial services, and this week it added a New York broker, Furman Selz Holding Corp to its portfolio of insurance and financial services businesses that go to make up Xerox Financial Services Inc. Xerox will pay $125m for the privately-held broker, which had turnover of about $75m last year, and put it alongside its big Crum & Forster insurance acquisition; other financial interests in the Xerox portfolio include the acquisition in February of 25% stake in VMS Realty, a property company.
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