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Category: Fuji Xerox

Acquisitions / Executive Management / Fuji Xerox / News / Xerox

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Xerox, Fujifilm Said to be Renegotiating Proposed Merger; Other Interested Buyer Revealed

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. 

Fuji Xerox / HP / Mergers & Acquisitions / News / Xerox

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Deason, Icahn, Urge Xerox Partnership with HP, Apple, Others, Monetization of IP

On April 17th, activist investors Carl Icahn and Darwin Deason, seeking to stop Fujifilm’s acquisition of Xerox for $6.1 billion and the creation of a new combined Xerox-Fuji Xerox, released a detailed presentation, Rescuing and Revitalizing an American Icon, that presents alternatives to the proposed deal.

Fuji Xerox / News / Xerox

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Icahn, Deason, Accuse Fujifilm, Xerox CEO of Deceiving Xerox Board

In the letter, the two investors, who together hold approximately 15 percent of Xerox shares, state that “Both the substance of the proposed value-destroying transaction and the conflict-tainted process by which it was hatched are an insult to long-suffering Xerox shareholders and make a mockery of well-established corporate governance norms.”

Featured Posts / Fuji Xerox / Mergers & Acquisitions / Xerox

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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;