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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......
by Kathleen Wirth · Published May 3, 2018 · Last modified May 8, 2018
Commercial Property Executive reports that Konica Minolta Business Solutions U.S.A. is consolidating its U.S. operations into a single campus, starting......
Financial News / Fuji Xerox / Xerox
by Kathleen Wirth · Published May 3, 2018 · Last modified October 29, 2019
Because of Xerox’s announcement this week that its CEO and six Xerox board members will be stepping down under its pending Director Appointment, Nomination and Settlement Agreement with Carl Icahn and Darwin Deason, Xerox is not releasing a financial forecast.
by Kathleen Wirth · Published May 2, 2018 · Last modified May 8, 2018
Canon has also filed a patent-infringement lawsuit against Static Control, which says it’s the world’s largest manufacturer and distributor of parts and supplies supporting the toner remanufacturing industry.
Legal Proceedings / Mergers & Acquisitions / News
by Kathleen Wirth · Published May 2, 2018 · Last modified May 8, 2018
Fujifilm will review its plan to purchase Xerox for $6.1 billion, but also is said to have expressed serious concerns over the new developments.
Featured Posts / Fuji Xerox / Mergers & Acquisitions / Xerox
by Kathleen Wirth · Published May 2, 2018
The new Xerox board will meet immediately to discuss alternatives to the proposed Xerox-Fuji Xerox merger.
Dealer Channel / Featured Posts / Financial News / News / Ricoh
by Kathleen Wirth · Published May 1, 2018 · Last modified June 21, 2018
For its fiscal year that will end in March 2019, Ricoh is forecasting that sales will be down slightly (-1.1 percent) and net income of ¥47 billion.
Supplies Network, a national wholesale distributor offering imaging supplies and office-imaging equipment and parts from over 80 manufacturers, announced today the...
Imaging Supplies / News / Xerox
by Kathleen Wirth · Published April 30, 2018 · Last modified May 3, 2018
California’s Office of Environmental Health Hazard Assessment cites studies showing that styrene increased the incidence of combined malignant and benign lung tumors.
Featured Posts / Legal Proceedings / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published April 30, 2018 · Last modified May 2, 2018
Court papers noted: “The lynchpin of the Court’s decision turns on the conduct of Xerox CEO Jeff Jacobson in the time frame preceding the Board’s approval of a transaction that granted control of an American icon company to Fuji without any cash payment by Fuji to Xerox shareholders, and the Board’s acquiescence in Jacobson’s conduct.”
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