we rejiggered acs. partswas you know, some they'ree sold off so no longer there.e saw the level of foundation, business, etc. we are at a point now where that company is strong enough and has a different enough rhythm that keeping up with the old company, what we called xerox was distracting. so part of the choice we have to make as a board and the of the ceo and management team was, do you, do you pick apart what you just put together? do you take it apart? the answer was really simple. the questions were the following. because itwas simple wa sthe right market thing to do. the board did every step of diligence you can remember. external, internal, bankers, lawyers, everybody, and for the markets, for our customers, for our shareholders, it is definitely the best outcome, particularly if we can do it well. so a year ago about this time, january, we were told we can do this, but i don't think you can get it done in a year. there is no way. there is just so much breakage when you separate. i call it like a friendly divorce. i don't have a lot of experience, but eve

we rejiggered acs. there are some things no longer there.e foundationed it with a level of technology and innovation and business processes that are better. we are at a point now where that company is strong enough and has a different rhythm, different enough rhythm that keeping it with the old company, xerox, was distracting to both. part of the choice we had to make as a board, and me as the c.e.o. and the management team, you take apart what you just put together just eight years ago? do you take apart? the answer was really simple. the answer was simple because it was the right market. the board did every step of diligence you can imagine. external people looking at it, it internal people looking at it, lawyers looking at it, everybody can imagine. for the market, our customers, our shareholders, it is definitely the best outcome. particularly if we can do it well. weear ago about this time, announced we were going to separate. we were told if you can do it, it will be fine. there is no way you can get it done in a year. that was one. th