Xerox is saying more about the late night overthrow of CEO Jeff Jacobs and five members of the company’s board who supported him. The company settled a suit by two top shareholders by ending a proposed merger with FujiFilm Holdings of Japan and firing its CEO. Shareholders Carl Icahn and Darwin Deason are ending […]
Xerox is responding to a letter from shareholders Carl Icahn and Darwin Deason, critical of the new Fuji takeover deal. In an open letter to fellow shareholders, Icahn and Darwin say the deal disproportionately favors Fuji and dramatically undervalues Xerox stock. It calls for removal of the Xerox board of directors and to nix […]
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 […]