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Fujifilm CEO: We will not ‘try to persuade Xerox’ on acquisition...

"We have no intention of sweetening the financial terms of the January acquisition plan," said Fujifilm's Shigetaka Komori.

Xerox CEO waves off Fujifilm appellate court win

CEO and Vice Chairman John Visentin brushed aside concerns over the ruling that cleared the way for Fujifilm Holdings to reopen acquisition negotiations with Xerox.

Xerox shareholders urge court to maintain injunction against Fujifilm Holdings

Xerox shareholder counsel Richard Marooney argued that lifting an injunction blocking the companies' merger would enable Fujifilm Holdings to pursue the terminated transaction.

Xerox plans $1B share repurchase program

CEO and Vice Chairman John Visentin stressed Xerox's focus will be on "leveraging the assets and capabilities we have today to create a sustainable company."

Xerox reportedly mulls sale of leasing unit

A report citing "people familiar with the matter" claimed the unit’s sale would relieve Xerox of approximately $3.6 million in debt.

Fuji Xerox president warns against ending joint venture

The head of Fuji Xerox Co. Ltd., the joint venture between the sparring companies Xerox Corp. and Fujifilm Holdings, expressed confidence that the venture’s future is secure.

Fujifilm CEO responds angrily to Xerox CEO’s letter on breakup

Fujifilm CEO Shigetaka Komori offered a harsh response to a June 25 letter by Xerox CEO John Visentin that blamed the Japanese company for the collapse of their $6.1 billion acquisition deal.

Xerox CEO aims to cut ties with Fujifilm Holdings

Xerox Corp. responded to the $1 billion lawsuit filed by Fujifilm Holdings by denigrating the Japanese company and announcing that it would be seeking new partners in the Asia-Pacific market.

Fujifilm sues Xerox for $1B over scuttled acquisition

The percolating drama between Xerox Corp. and Fujifilm Holdings has boiled over as the Japanese company filed a $1 billion lawsuit against Xerox for terminating their $6.1 billion acquisition deal.

Xerox CEO John Visentin added to Fuji Xerox board of directors

Visentin’s presence could be viewed as a sore reminder of Fujifilm’s $6.1 billion aborted acquisition of the Norwalk-headquartered Xerox.

Fujifilm CEO gives Xerox six months to return to canceled acquisition...

The Xerox-Fujifilm Holdings saga took yet another turn as Shigetaka Komori, Fujifilm’s CEO, gave the Norwalk-headquartered company six months to mend the canceled $6.1 billion acquisition deal.

Fujifilm plans lawsuit against Xerox over voided acquisition

Fujifilm President and Chief Operating Officer Kenji Sukeno declared the Norwalk-headquartered Xerox "has no right to scrap the contract unilaterally."

Xerox ends Fujifilm deal, Jacobson out as CEO

The $6.1 billion acquisition of Xerox Corp. by Fujifilm Holdings was terminated and CEO Jeffrey Jacobson and Chairman Robert Keegan resigned. Keith Cozza, CEO of Icahn Enterprises L.P., will be the new chairman of the board and John Visentin, previously announced as vice chairman and CEO, will finally take over those jobs.

Xerox plans to reopen negotiations with Fujifilm

Xerox stated shareholders Carl Icahn and Darwin Deason do not have "the right to speak for all shareholders or deprive any shareholders of their right to be heard.

Icahn and Deason renew volleys at Xerox board

Carl Icahn and Darwin Deason raised the possibility of voiding Xerox’s $6.1 billion acquisition deal with Fujifilm Holdings in favor of an all-cash bid with a $40 per share minimum.