Once the deal goes through, it appears that the 113-year-old iconic American photocopier company will no longer be making copiers, MFPs, or printers but will instead be sourcing them from other companies.
There’s always a chance that HP’s primary competitors in the lower end, Epson and Brother, could drastically cut model prices in order to try to undercut HP.
This week, we saw two surprising new developments involving Clover and Xerox.
“The net result of the actions …was to transfer control of a public corporation to Messrs. Deason and Icahn via a private agreement that offered no tangible benefits to the interests of the class.”
On August 8th, Fujifilm Holdings of Japan – which last year failed in a complicated merger deal to acquire Xerox...
“U.S. consumers, not China, pay the price for tariffs – what more proof does the White House need?”
“We continue to maintain a cooperative relationship with Xerox.”
Icahn owns approximately 10 percent of Xerox, and was instrumental in thwarting Fujifilm’s take-over of Xerox last year.
“Since we still believe the proposal for a business combination structured as announced on 31 January 2018 would be best for both companies and their shareholders, we will thoroughly explain its validity and legitimacy in the courts.”
Last week, we explained how, in our opinion, it’s a good bet that HP Inc. will purchase Xerox. While...
As Amazon made it easy for thousands of Chinese vendors to sell to Americans, Office Depot could be also making it much easier for Chinese vendors to sell printer and copier consumables to Americans.
The proposed reorganization comes just a few weeks after a New York judge’s decision not to dismiss Fujifilm’s $1 billion lawsuit against Xerox.
We’re sure many in the industry breathed a sigh of relief this week when President Trump announced that the United...
A Manhattan federal judge has rejected Xerox’s request to dismiss Fujifilm’s $1 billion lawsuit against Xerox, stating that one of Xerox’s arguments was “thoroughly unpersuasive.”
It seems like just yesterday, but only a few years ago, the idea of controlling a copier or printer via voice command seemed pretty far-fetched.
Fujifilm North America Corporation, Graphic Systems Division, has received exclusions on the majority of the 147 Exclusion Requests it filed several months ago.