Xerox has already started sourcing products from new vendors and has made it lucidly clear that it may not renew an agreement with Fujifilm. On Wednesday, Fujifilm Holdings Corp threatened Xerox Corp stating it will compete with it in the… Read More ›
Following the scrapping of the $6.1 billion deal with Fujifilm Holdings Corp, Xerox’s outgoing CEO along with 5 of its directors are being replaced with a new management team. Setting July 31 as the date for its annual shareholder’s meeting,… Read More ›
Xerox found “material deviations” between the audited Fuji Xerox financial statements and unaudited statements that was provided to it earlier. In a significant development, Xerox Corp stated it was in the process of ending its planned $6.1 billion deal with… Read More ›
With the NY Supreme Court judge holding off from taking a decision in this case and with the next hearing yet to be scheduled, Fujifilm Holdings scored a small victory against activist shareholders Carl Icahn and Darwin Deason over their… Read More ›
Xerox’s new board will evaluate strategic options, including restructuring or terminating its relationship with Fujifilm. In efforts aimed at settling a suit brought on by activist shareholders Carl Icahn and Darwin Deason, Xerox Corp stated its CEO and several members… Read More ›
Both investors are pushing Xerox to explore options vis-a-vis its joint venture with Fujifilm which includes renegotiation of terms of the JV or to walk away from it. Incidentally, 50% of Fujifilm Holdings Corp’s overall operating profit stem from this… Read More ›
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