Xerox has responded to a lawsuit filed by Fujifilm over the breakup of their merger deal with a letter that says Fujifilm caused its own problems. Fujifilm sued last week, demanding more than a billion dollars in damages over cancellation of the merger, which was driven by a shareholder rebellion led by key investors […]
The on again, off again, on again merger between Xerox and FujiFilm holdings is off again. This time it looks like it could be for good. Xerox says it’s terminated the merger deal with FujiFilm and entered into a new settlement agreement with shareholder activists Carl Icahn and Darwin Deason. Terms of that deal include […]
Japan’s Fujifilm is buying Xerox in a takeover deal worth more than $6 billion. The companies announced early this morning our time that they will merge Fuji, Xerox and their longstanding Fuji Xerox joint venture into one company. You can see the company’s explanations and a video here. They say the merged companies will be […]