by Owen Collins | Nov 22, 2018 | City News
As part of the merger agreement between the two parties, the expiration time of the tender offer for all outstanding shares of Essendant’s common stock has been extended. The offer will now expire on the 29th of November, at 6pm NYC time, unless further extension is...
by Owen Collins | Nov 13, 2018 | City News
Carolina Wholesale Group has revealed that its subsidiary companies, Arlington Industries, Carolina Wholesale Office Machines, and Digitek, are to be combined into one unified brand. Effective from the 1st of January 2019, the new company will combine more than a...
by stefanie | Nov 7, 2018 | City News
This week the news broke that Ray Morgan Company (RMC) and UBEO Business Services have merged under a “private equity umbrella”. As The Imaging Channel reports, this merger will unite “more than 700 employees and an installed base of 135,000 machines in field (MIF)”....
by Owen Collins | Oct 18, 2018 | City News
Fujifilm has won its appeal against the American OEM, with the preliminary injunctions overturned. The appeal was lodged after Xerox – following pressure from billionaire shareholders Carl Icahn and Darwin Deason – scrapped a much-vaunted joint venture with Fujifilm,...
by Owen Collins | Aug 1, 2018 | Around the Industry
The Chairman and CEO of the OEM has said whilst it still intends to work towards the acquisition of Xerox, the deal is “not indispensable” for Fujifilm’s future growth. The Nikkei Asian Review reports that in an interview with Shigetaka Komori, the CEO declared that...