Fujifilm to end brand license and sales cooperation with Xerox
Fujifilm Holdings Corp. said Monday it will dissolve a contract with Xerox Corp. on sales cooperation and the right to use the U.S. office equipment company's brand, opting to enter the U.S. and European markets with its own brand. Fujifilm notified Xerox it will not ...
Xerox launches shareholder fight for control of HP after $33 billion offer is snubbed
Xerox said Tuesday it would take its hostile takeover offer for HP to shareholders after the computer and printer maker rejected the $33 billion offer. The copy machine pioneer said it would make its case to shareholders because the HP board "continues to obfuscate and ...
HP Inc. said on Sunday it was open to exploring a bid for U.S. printer maker Xerox Corp. after rebuffing a $33.5 billion cash-and-stock acquisition offer from the latter as "significantly" undervaluing the personal computer maker. Xerox made the offer for HP, a company more ...
HP confirms Xerox takeover bid as companies struggle with shrinking markets
HP Inc. has confirmed that Xerox Holdings Corp. made a takeover offer — a potential deal between two iconic names that would reshape the printing industry. "We have had conversations with Xerox Holdings Corporation from time to time about a potential business combination," the Palo ...
Fujifilm to make Fuji Xerox a wholly owned unit
Fujifilm said it will acquire an additional 25 percent in the joint venture from Xerox Co. for $2.3 billion (¥253 billion), making it a wholly owned subsidiary.
Xerox Corp. CEO John Visentin blasted his Fujifilm Holdings Corp. counterpart's efforts to revive merger talks and warned that he doesn't plan to renew the companies' Asia joint venture Fuji Xerox in 2021. Visentin, elevated to CEO after shareholders Carl Icahn and Darwin Deason won ...
New York judge rejects Fujifilm bid to dissolve Xerox deal injunction
Fujifilm Holdings Corp. failed to persuade a Manhattan state judge to dissolve an order barring its planned merger with Xerox Corp., cutting off a possible option for keeping the deal alive. The company has claimed in a separate lawsuit it will suffer $1 billion in ...
Fujifilm Holdings Corp. accused Xerox Corp. of caving to the whims of Carl Icahn and Darwin Deason in backing out of a $6.1 billion takeover deal as it initiated legal action over the unsuccessful transaction. Fujifilm sued Xerox on Monday in Manhattan federal court over ...
Fujifilm may withdraw from Xerox purchase if deadlock continues: chairman
Fujifilm Holdings Corp. may withdraw from a deal to acquire Xerox Corp. if the deadlock over its implementation continues for another six months amid opposition from the U.S. copier-maker's major shareholders, the chairman of Fujifilm said Thursday. "It cannot be helped if there is no ...
Xerox to renegotiate Fujifilm's takeover in search of better price tag
Xerox Corp. plans to renegotiate the acquisition proposal made by Fujifilm Holdings Corp. because major shareholders opposed to the agreed deal are calling for a better price. "We intend to resume discussions with Fujifilm regarding a potential combination with Fuji Xerox on superior terms to ...
Xerox CEO to stay in surprise U-turn, putting deal with Fujifilm in flux and setting off proxy war
A plan to replace the chief executive officer of Xerox Corp. and several directors fell apart over a technicality, setting the stage for a proxy fight in which activist shareholders will seek to improve the terms of a deal to cede control of the ...
