BUZZ - Reuters: DXC in talks with Eldridge for $2.4 billion division sale, share price rises
October 19 - ** Information technology services company DXC Technology (DXC.N) saw its share price rise 6.9% in afternoon trading to $14.56
** An exclusive Reuters report stated, citing sources, that DXC is in advanced talks to sell its insurance software and services division to Eldridge Industries for about $2.4 billion (link)
** According to sources, Eldridge is considering combining the business with its insurance technology platform Zinnia
** DXC Technology, Eldridge, and Zinnia have not yet responded to requests for comment
** As of the close of the previous trading day, DXC had fallen 7% so far this year
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