Fujifilm

The shares of FUJIFILM Holdings Corporation (OTC: FUJIY) hit their daily permissible high limit on Wednesday's open in Tokyo. What Happened The massive jump in an otherwise bearish market came as China suggested that an influenza medicine developed by subsidiary FUJIFILM Toyama Chemical Co. Ltd...

Tokyo-based Fujifilm Holdings Corporation (OTC: FUJIY) will end its sales partnership with U.S. office equipment maker Xerox Holdings Corp (NYSE: XRX) in March 2021, according to Nikkei Asian Review. What Happened Fujifilm’s subsidiary Fuji Xerox Co., Ltd. informed U.S.-based Xerox on...

Xerox Corp (NYSE: XRX) announced late Sunday it terminated its agreement with Fujifilm to merge Xerox and Fuji Xerox .  The firm instead pivoted to an agreement with Carl Icahn and Darwin Deason — major shareholders and opponents of the deal — to resolve a pending proxy battle...

Activist investor Carl Icahn notched a big win after Xerox Corp (NYSE: XRX) said its CEO and most of its board of directors will be stepping down. What Happened Icahn and Darwin Deason, two heavyweight investors and large Xerox shareholders, made it clear they strongly oppose Xerox's proposed...

For a brief moment, it seemed Xerox Corp (NYSE: XRX) might just get away with its Fujifilm merger unopposed. But shareholders Carl Icahn and Darwin Deason, who had earlier pressured Xerox management to explore strategic alternatives, emerged Tuesday to challenge the plan. “For 17 years, Xerox...

Xerox Corp (NYSE: XRX)'s plans to merge with Japan's Fujifilm Holdings is being questioned by two of Xerox's biggest shareholders, Carl Icahn and Darwin Deason. What You Need To Know Icahn, Xerox's biggest shareholder, and Deason, the company's third biggest shareholder,...

Xerox Corp (NYSE: XRX) announced Wednesday a $6.1 billion merger with its Fuji Xerox joint venture — a deal never discussed with two of the firm’s largest shareholders, a company spokesperson told Benzinga Thursday. Carl Icahn and Darwin Deason together hold more than 15 percent of...

Xerox Corp (NYSE: XRX) said on Wednesday it has reached a merger agreement with Fujifilm in which the Japanese company will buy Xerox for $6.1 billion and combine the American company into its existing joint venture, Fuji Xerox. But the case for owning Xerox's stock could have been made without...