Fujifilm
Fujifilm prepares to bring Xerox to court
May 18, 2018
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 their $6.1 billion (€5.1 billion) merger”. “We are currently in […]
“New beginning” as Xerox terminates deal
May 14, 2018
The long-running, twisting and often bitter battle between Xerox and two of its major shareholders appears to have finally drawn to a close, with the OEM announcing the termination of its deal with Fuji Xerox. Owing to “the failure by Fujifilm to deliver the audited financials of Fuji Xerox by April 15, 2018”, according to […]