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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.
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.
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.
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.
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.”
3D Printing / Commercial & Production Printing / HP / Konica Minolta / Lexmark / Xerox
by Kathleen Wirth · Published April 27, 2018 · Last modified May 8, 2018
Those who can establish a stronger printer foothold should then be able to leverage this into a strong advantage later on.
Fuji Xerox / Mergers & Acquisitions / News / Xerox
by Kathleen Wirth · Published April 27, 2018 · Last modified May 3, 2018
Xerox’s Keegan was speaking as part of a court hearing involving Xerox shareholder Deason’s lawsuit, which was filed in March 2018, to block Xerox’s deal with Fujifilm and also nominate directors to Xerox’s board.
Dealer Channel / News / Partnerships / Xerox
by Kathleen Wirth · Published April 25, 2018 · Last modified June 21, 2018
Xerox first announced its focus on signing up new dealers last year as part of a drive to gain a larger share of the copier/MFP small and mid-size business market by increasing its multi-brand dealer base in the United States by more than 30 percent in 2017.
Acquisitions / Executive Management / News
by Kathleen Wirth · Published April 23, 2018 · Last modified April 26, 2018
Deason argues that Xerox CEO Jeff Jacobson “acted without authorization” to negotiate a deal with Fujifilm, a deal that is is said to have “preserved his job at the expense of shareholder value.
Acquisitions / Executive Management / Fuji Xerox / News / Xerox
by Kathleen Wirth · Published April 20, 2018 · Last modified April 26, 2018
On Wednesday, Xerox also said that Xerox shareholders should disregard information from Icahn and Deason, stating the two are conducting a “highly disingenuous campaign” that distorts and omits key facts about Xerox and the proposed merger.
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