FujiFilm

Fujifilm Garners Appeal Victory in Xerox Merger Saga

New York — A state appellate court here has overturned preliminary injunctions requested by activist investors who had blocked the merger of Fuji Xerox and Xerox, possibly opening the door to negotiations between the embattled firms. Reuters reported that the ruling could give
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Xerox Responds to Fujifilm Lawsuit

Xerox (NYSE: XRX) Vice Chairman and CEO John Visentin sent a letter to Fujifilm Chairman Shigetaka Komori on Monday, responding to the lawsuit filed by Fujifilm last week. He also released the following statement: “Fujifilm should realize that the internal accounting issues at
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Fujifilm Launches $1 Billion Lawsuit Against Xerox for Nixing Deal

It didn’t take long for the other shoe to drop. Fujifilm Holdings has taken Xerox to court, seeking more than $1 billion in damages for a breach of contract after the Norwalk, CT-based manufacturer announced it would no longer pursue the proposed merger between Xerox and Fuji
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About Face: Xerox Terminates Fujifilm Deal, Enters into New Agreement with Icahn and Deason, Names Visentin CEO

After weeks of wrangling, Xerox Corp. appears to have its house in order. The Norwalk, CT-based imaging technologies giant informed Fujifilm that its previously-announced combination of Xerox and Fuji Xerox is being terminated, and the company has entered into a new settlement
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FUJIFILM Holdings and Xerox Announce Agreement to Combine Fuji Xerox Joint Venture with Xerox in $6.1 Billion Deal

Norwalk, CT and Tokyo (Jan. 31, 2018) — FUJIFILM Holdings Corporation (Fujifilm) (TSE: 4901) and Xerox Corporation (Xerox) (NYSE: XRX) today announced that they have entered into a definitive agreement to combine Xerox and their longstanding Fuji Xerox joint venture. The combined
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Copier Makers Continue Assault on Low-End A4 Market with Mixed Results

While the market for digital imaging hardware and supplies is mature and various segments are declining, most copier companies have been reporting improved revenue for the past couple of years. The majority of copier makers are Japanese companies of course, and they’ve benefited
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