by stefanie | Sep 28, 2023 | City News
Xerox Holdings Corporation announced that it entered into a share purchase agreement to repurchase all of the shares of the Company’s common stock beneficially owned by Carl C. Icahn and certain of his affiliates (Icahn Parties). The agreement set a purchase price of...
by stefanie | Nov 6, 2020 | City News
Xerox’s shares rose 3.4% in extended trading on the news that Carl Icahn has boosted his stake in Xerox to over 14%. A 5 November SEC filing show that the activist investor Carl Icahn has raised his stake in Xerox one of the leading printer OEMs to 14.4%, up...
by stefanie | Jun 25, 2018 | Around the Industry
A Manhattan state judge has elected not to dissolve an order forbidding the planned merger between Fujifilm and Xerox. As Bloomberg reports, this decision on the part of the judge means that Fujifilm has lost “another possible option for keeping the deal alive”. It is...
by stefanie | Jun 5, 2018 | Around the Industry
The war of words and legal actions continues apace for Xerox, as Fujifilm reveals that it has filed papers at the New York State Supreme Court. These developments follow a recent announcement by the company’s COO, Kenji Sukeno, who said during a briefing that Fujifilm...
by stefanie | May 18, 2018 | Around the Industry
In the latest twist in the thwarted Fujifilm-Xerox deal saga, Fujifilm has revealed that it is planning to sue the OEM for damages. As Reuters reveals, Fujifilm is set to sue Xerox, “deeming that the U.S. photocopier company has no legal right to unilaterally scrap...
