Xerox Nemesis Icahn Dumped $31.3 Million Stake in Steel-Related Company (Updated)
Icahn sold his Manitowoc shares for about $32 to $34 each. After Trump’s tartiff announcement, shares of Manitowoc fell to about $26.
by Kathleen Wirth · Published March 5, 2018 · Last modified March 8, 2018
Icahn sold his Manitowoc shares for about $32 to $34 each. After Trump’s tartiff announcement, shares of Manitowoc fell to about $26.
Executive Management / Featured Posts / Legal Proceedings / News
by Kathleen Wirth · Published March 2, 2018 · Last modified March 6, 2018
“Hope is not a strategy. We cannot just hope for multiple expansion. We cannot just hope for synergies. We cannot just hope that the massive Fuji Xerox accounting scandal will not result in substantial additional liabilities for Xerox. We cannot just hope that Fuji that will treat us fairly once they are in control of our company.”
Executive Management / News / Xerox
by Kathleen Wirth · Published March 2, 2018 · Last modified March 12, 2018
Deason, along with billionaire activist investor Carl Icahn, have sought to derail Xerox’s proposed merger with Fuji Xerox, with Fujifilm of Japan having a controlling 50.1 percent of shares, with current Xerox CEO Jeff Jacobson serving as president of the new company. Xerox shareholders will vote on the proposed merger at an upcoming shareholder meeting in May 2018.
Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published February 27, 2018 · Last modified March 7, 2018
Fuji Xerox is Xerox and Fujifilm’s five-decade-old joint copier/MFP venture that focuses on the Asia-Pacific region, which Icahn and Deason argue has a previously undisclosed “crown jewel” lock-up right that gives Fujifilm control over Xerox’s intellectual property and manufacturing rights in the Asia-Pacific market if Xerox sells a 30-percent stake to another suitor, according to Deason’s lawsuit.
Commentary / Mergers & Acquisitions / News
by Kathleen Wirth · Published February 23, 2018 · Last modified March 8, 2018
This week, the Xerox-Fuji Xerox merger saga continued with a back-and-forth campaign designed to sway Xerox shareholders to either vote...
Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published February 20, 2018 · Last modified February 27, 2018
Icahn and Deason determined to prevent sale of Xerox.
Commentary / Mergers & Acquisitions / News
by Kathleen Wirth · Published February 16, 2018 · Last modified February 26, 2018
Fujifilm’s take on the proposed merger.
Fuji Xerox / Legal Proceedings / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published February 14, 2018 · Last modified February 21, 2018
Xerox valiantly attempts to defend its moves against outspoken outsiders.
Featured Posts / Legal Proceedings / Mergers & Acquisitions / News
by Kathleen Wirth · Published February 13, 2018 · Last modified February 21, 2018
Deason says proposed Xerox-Fuji Xerox merger must be “stopped dead in its tracks.”
Apple / Featured Posts / Fuji Xerox / News / Xerox
by Kathleen Wirth · Published February 12, 2018 · Last modified February 18, 2018
These two industry outsiders probably don’t realize that print and copy volumes are still growing in Asia.
Fuji Xerox / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published February 5, 2018 · Last modified February 15, 2018
In an interview with the Nikkei Asian Review last week, Fujifilm CEO and Chairman Shigetaka Komori said the Xerox acquisition will......
Commentary / News / Xerox
by Kathleen Wirth · Published February 1, 2018 · Last modified February 13, 2018
With Fujifilm’s purchase of a majority interest in Xerox, and Xerox’s merger with Fuji Xerox announced this week, one question......
Featured Posts / Fuji Xerox / News / Xerox
by Kathleen Wirth · Published January 31, 2018 · Last modified February 6, 2018
After weeks of speculation, Fujifilm Holdings and Xerox today announced an agreement that would merge Xerox with Fuji Xerox -......
3D Printing / Canon / Epson / Financial News / Fuji Xerox / HP / Inkjet / Konica Minolta / Xerox
by Kathleen Wirth · Published September 22, 2017 · Last modified October 5, 2017
A French environmental group has raised an interesting question via a lawsuit: are printers designed with planned obsolescence in mind......
Executive Management / Fuji Xerox / Legal Proceedings / News
by Kathleen Wirth · Published September 20, 2017 · Last modified February 7, 2018
Japan’s Fuji Xerox, the joint venture between Xerox and Fujifilm Holdings, reports that it’s filed a lawsuit against former Fuji......
Executive Management / Financial News / Fuji Xerox / News
by Kathleen Wirth · Published September 19, 2017 · Last modified February 7, 2018
New Zealand government officials are reportedly probing Fuji Xerox New Zealand practices that reportedly include “massive salaries, made-up sales, and......
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