Xerox to Negotiate More Favorable Fujifilm Deal
In the letter, the board noted that Icahn and Deason have targeted management and the board with “personal, unsubstantiated attacks that we believe have been damaging to Xerox.”
Featured Posts / Fuji Xerox / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published May 9, 2018 · Last modified May 10, 2018
In the letter, the board noted that Icahn and Deason have targeted management and the board with “personal, unsubstantiated attacks that we believe have been damaging to Xerox.”
by Kathleen Wirth · Published May 8, 2018 · Last modified May 15, 2018
OKI is forecasting increases in net sales, operating income, and income, for its current fiscal year that will end in March 2019.
IT Solutions & Services / Konica Minolta / News
by Kathleen Wirth · Published May 8, 2018 · Last modified May 10, 2018
Back in March 2017, Konica Minolta Business Solutions U.S.A. introduced an intriguing new product called “Workplace Hub,” which it explained is designed to unify all of an enterprise’s technology – such as data storage, IT administration, and user collaboration . . .
All three new models are Energy-Star-certified and have an EPEAT Silver rating.
Acquisitions / Commercial & Production Printing
by Kathleen Wirth · Published May 8, 2018 · Last modified May 10, 2018
The firm expects the transaction will likely to be completed late in the second quarter, or early in the third quarter, subject to customary closing conditions.
Acquisitions / Dealer Channel / News
by Kathleen Wirth · Published May 8, 2018 · Last modified June 21, 2018
Carolina Wholesale Group of Charlotte, North Carolina, announced yesterday that it’s partnered with Gilpez Office Products in transitioning their day-to-day...
Fuji Xerox / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published May 8, 2018 · Last modified May 10, 2018
Xerox had asked that its appeal be heard quickly, “concerned that a delay might endanger the proposed deal.”
Featured Posts / Fuji Xerox / News / Xerox
by Kathleen Wirth · Published May 7, 2018 · Last modified May 8, 2018
“We see several paths to victory – but none of them involve selling a 50.1% interest in Xerox in a deal that offers no control premium and leaves shareholders vulnerable to oppression by an overlord that is embroiled in an ever-widening accounting scandal,” said Icahn and Deason.
Fuji Xerox / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published May 7, 2018 · Last modified May 10, 2018
“Over the next few months, we intend to see that ‘massively conflicted’ Jeff Jacobson and old guard directors like Bob Keegan, Ann Reese and Chuck Prince, who have already done so much damage to the company, and are continuing to do more damage with these actions, are held fully and personally liable for their misconduct.”
Fuji Xerox / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published May 4, 2018 · Last modified May 15, 2018
The appeal also states that the decision harms Xerox shareholders by preventing them from voting on the proposed Xerox-Fuji Xerox merger that the Xerox board concluded was both “value-maximizing and the only available option.”
Acquisitions / Canon / Electronics for Imaging / Epson / Financial News / Fuji Xerox / HP / Konica Minolta / Mergers & Acquisitions / Patent-Infringement / Xerox
by Kathleen Wirth · Published May 4, 2018 · Last modified May 9, 2018
A private-equity deal may also be in the works: on May 2nd Reuters reported that buy-out firm Appollo Global is approaching Xerox with possible acquisition in mind. Meanwhile, Fujifilm said it will appeal the court order blocking the deal.
Featured Posts / Fuji Xerox / Xerox
by Kathleen Wirth · Published May 4, 2018 · Last modified May 9, 2018
“The brazen self-interest of the Xerox Board defies description,” stated Carl Icahn, who blamed the Xerox board for letting the deal expire.
HP / Imaging Supplies / Inkjet / Legal Proceedings / News
by Kathleen Wirth · Published May 3, 2018 · Last modified May 9, 2018
ACCC deputy chair Michael Schaper said: “Consumers were not made aware of the restriction on using non-HP ink cartridges when buying the printer or downloading the firmware update, and were denied the choice to accept or reject it…”
Document Scanning / Featured Posts / News / Panasonic / Workflow Solutions
by Kathleen Wirth · Published May 3, 2018 · Last modified May 8, 2018
Steve Young, president and CEO of Square 9 Softworks, explained that Square 9 has been working with Panasonic for close to two years, noting, “We’re trying to re-define the notion of (document) capture…and the reach of capture.”
by Kathleen Wirth · Published May 3, 2018 · Last modified May 8, 2018
According to Icahn, Visentin had the skills that would help Xerox shareholders understand why the proposed merger with Fuji Xerox was a bad idea, and that a new management team would be better for Xerox.
Electronics For Imaging (EFI) today reported results for first-quarter 2018, reporting “record” first-quarter revenue of $239.9 million, up 5 percent compared......
Follow: