Icahn Recruits Former IBM, HP Exec in Continuing Bid to Stop Xerox-Fuji Xerox Merger
In this most recent letter, Icahn argues that there is “tremendous value in a stand-alone Xerox with new management.”
Category: Xerox
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,......
Xerox Cloud-Based Managed Print Services for Federal Government
Xerox notes that many federal government agencies close budget gaps with spending cuts. However, it says federal agencies can “save millions” by looking in an unexpected place – document management.
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 Wins Five-Year Copier/MFP and MPS Contract with U.S. Air Force
Xerox reported today that the United States Air Force has awarded Xerox a five-year contract for supplying copier/MFPs and managed......
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.
Icahn, Deason Propose Sale of Xerox to Competitor or Private-Equity Firm
Icahn and Deason determined to prevent sale of Xerox.
Xerox Responds to Deason Lawsuit that Seeks to Block Merger
Xerox valiantly attempts to defend its moves against outspoken outsiders.
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......
As Mobile-Printing Pioneer, Mopria Alliance Aims for 1 Billion Mopria-Printed Pages this Year
Since the inception of the mobile smartphone and tablet, one of the first questions many users had was, “OK now,......
Xerox Reports Strong Fourth-Quarter 2017 Results, 65 Dealers Signed
Xerox today reported financial results for its fourth quarter and for the full year of 2017 where it reported total......
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 -......
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