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Category: Mergers & Acquisitions

Acquisitions / Canon / Electronics for Imaging / Epson / Financial News / Fuji Xerox / HP / Konica Minolta / Mergers & Acquisitions / Patent-Infringement / Xerox

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This Week in Imaging: What’s Next for Xerox? Plus, Ricoh, Epson, EFI Financials, More

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 / Legal Proceedings / Mergers & Acquisitions / News / Xerox

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Preliminary Injunction Blocks Proposed Xerox-Fujifilm Deal

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.”

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.

Legal Proceedings / Mergers & Acquisitions / News / Xerox

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Deason Alleges Xerox CEO Disregarded Board in Pursuing Fujifilm Deal

The battle between Xerox and activist investors Carl Icahn and Darwin Deason has become even more acrimonious, with new amendments to a Deason lawsuit alleging that Xerox CEO Jeff Jacobson pursued a deal with Fujifilm even after Xerox’s board advised him to stop negotiations.

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;

Mergers & Acquisitions / News / Xerox

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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.