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Dramatic changes for Xerox

Dramatic changes for Xerox

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...
Minor falls in Xerox financials

Minor falls in Xerox financials

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...
Court ruling blocks Fuji-Xerox merger

Court ruling blocks Fuji-Xerox merger

The latest twist in the long-running saga of Fujifilm’s merger with Xerox has given cause for celebration to opponents of the deal. The Democrat & Chronicle reports that the ruling follows a lawsuit by billionaire shareholder Darwin Deason, a constant thorn in the...