Japan's Fujifilm is set to take over Xerox in a $6.1 billion, creating a joint venture. Fujifilm will use bank debt to buy a 50.1% stake in new Xerox shares. The combined company will keep the ...
There has been no rest for disgruntled Xerox investors Carl Icahn and Darwin Deason since Fujifilm Holdings Corporation agreed to purchase a 50.1-percent majority stake in the printer and copier ...
The Xerox decision to kill the settlement with Icahn and Deason is the latest turn in a fight that stems from the January 31 unveiling of an agreement between Fujifilm and Xerox under which Xerox ...
Japanese technology firm Fujifilm is to cut 10,000 jobs by 2020 at its Fuji Xerox subsidiary saying it faces an "increasingly severe" market. It also plans to take a majority stake in Xerox and ...
The company announced on Jan. 6 that a technology agreement between its subsidiary, Fuji Xerox Co., and Xerox Corp. of the United States will end on March 31, 2021. Fuji Xerox had primarily ...
Xerox is looking for new growth sources as demand for its printer and copy business shrinks. A deal could include a change in control of Xerox. A full takeover of Xerox isn't on the table.
For Fuji Xerox, stripped of half of its recognized brand name, Xerox, after a dispute between its U.S. and Japanese mother firms, the big question is whether the company can duplicate its past ...
The boss of Xerox and six board members will step down after the firm reached a deal with major shareholders who opposed a takeover by Japan's Fujifilm. Investors Carl Icahn and Darwin Deason ...