Xerox-Fuji Xerox Merger May be Good for Xerox Shareholders – But Is It Good for Fujifilm?
In the past several weeks, activist investors Carl Icahn and Darwin, who together own about 15.2 percent stake in Xerox,......
Tagged: FujiFilm
Refuting Icahn, Deason, New Xerox Shareholder Letter Lays Out Benefits of Proposed Merger with Fuji Xerox
Specifically, the revenue and cost synergies identified through this combination include developing a more complete and competitive product portfolio, with enhanced offerings in areas where Xerox is currently underpenetrated such as high-speed inkjet and low-end A3;
Xerox Tells Deason: Forget Nominating Any Board Members
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.
Seeking to Derail Xerox Merger, Deason Demands to Nominate New Directors to Xerox Board
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.
This Week in Imaging: Icahn, Deason Say Sell Xerox to Competitor or PE – But Who Would Buy?
This week, the Xerox-Fuji Xerox merger saga continued with a back-and-forth campaign designed to sway Xerox shareholders to either vote...
This Week in Imaging: Fujifilm Envisions the New Combined Xerox-Fuji Xerox
Fujifilm’s take on the proposed merger.
Deason Files Lawsuit to Block Fujifilm Takeover of Xerox; Xerox Responds to Criticism
Deason says proposed Xerox-Fuji Xerox merger must be “stopped dead in its tracks.”
Icahn, Deason Slam Proposed Fujifilm Takeover of Xerox
These two industry outsiders probably don’t realize that print and copy volumes are still growing in Asia.
Icahn Sells $40 Million of Xerox Stock, While Fujifilm CEO Sees Copier Opportunities in Emerging Markets
While demand for copiers may have slowed in developed Western markets, Komori says there will be continuing demand in emerging economies: “Demand for copiers won’t disappear soon.”
Combined Xerox and Fuji Xerox Will Create One of World’s Largest Copier Companies, Says Fujifilm CEO
In an interview with the Nikkei Asian Review last week, Fujifilm CEO and Chairman Shigetaka Komori said the Xerox acquisition will......
This Week in Imaging: Your Move, Carl Icahn
With Fujifilm’s purchase of a majority interest in Xerox, and Xerox’s merger with Fuji Xerox announced this week, one question......
Xerox and Fujifilm Announce Agreement for Xerox to Merge with Fuji Xerox
After weeks of speculation, Fujifilm Holdings and Xerox today announced an agreement that would merge Xerox with Fuji Xerox -......
Icahn, Deason Call for Xerox CEO, Directors Replacement, Renegotiation of Fuji Xerox Partnership
Activist investor Carl Icahn and Darwin Deason, founder of Affiliated Computer Services, today released a joint statement calling for the...
Deason, Shareholders, Demand Xerox Disclose Potential ‘Value-Destroying’ Fujifilm Deal
In December 2017, it was gadfly billionaire activist investor Carl Icahn who blasted Xerox leadership, saying the firm “desperately needs...
This Week in Imaging: Canon Kicks Off New Year with New Speciality and 3D Printers, Patent-Recognition, Promotions, More
This week was marked with some interesting updates from Canon, including new hardware, patent-recognition, and an interesting interview with Canon’s......
Under Pressure from Icahn and Seeking New Growth, Xerox May be Negotiating Deal with Fujifilm
Reuters reports that Xerox is in talks for a deal with Japanese camera maker Fujifilm Holdings of Japan that could include...
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