by stefanie | May 8, 2018 | Around the Industry
With every day seeming to bring a fresh twist in this increasingly complex tale, developments are coming thick and fast, among them the filing of an appeal by Xerox and new open letters published by Deason and Icahn. Very briefly, at the beginning of May 2018, it...
by stefanie | May 4, 2018 | Around the Industry
In the latest twist to the Xerox tale, the OEM has announced that the settlement agreement it made earlier this week with Icahn and Deason has now expired. Developments in the Xerox case have come thick and fast over the last few days, from a court ruling that...
by stefanie | May 3, 2018 | Around the Industry
In a remarkable volte-face, the OEM’s CEO and 6 other board members are being replaced, putting its proposed Fujifilm deal in jeopardy. As CNBC reports, Xerox has announced that CEO Jeff Jacobson and 6 other board members are stepping down, in order to “settle a suit...
by Owen Collins | May 3, 2018 | City News
The OEM has published its financial results for the first quarter of the year, showing a slight dip. The Connecticut-based company saw its total revenue drop to $2.43 billion (€2.02 billion), a minor fall of 0.8 percent from $2.45 billion (€2.04 billion) in the same...
by stefanie | May 2, 2018 | Around the Industry
The OEM has made a landmark announcement, revealing it has entered into an agreement with Carl Icahn and Darwin Deason. After a protracted and very heated war of words with its major shareholders, Carl Icahn and Darwin Deason, Xerox has finally announced that it has...
