CORRECT Xero shares halted pending outcome of capital raising

CORRECT Xero shares halted pending outcome of capital raising
(Fixes date in 5th graph, adds Xero update in 2nd graph) By Paul McBeth Oct. 10 (BusinessDesk) - Shares in cloud-based accounting software developer Xero have been halted pending the outcome of a capital raising. The Wellington-based company sought the halt for up to 48 hours "pending release of a material announcement by Xero Limited in relation to the outcome of the capital raise," it said in a statement to the ASX. Xero expects to make a more detailed announcement on Monday, it said in a separate statement. The shares slipped 0.3 perc...