Home Tags Fujifilm Holdings
Tag: Fujifilm Holdings
Xerox CEO John Visentin said the settlement will "also unlock significant unrealized value for our shareholders."
Jeffrey Jacobson has re-emerged as CEO of Electronics for Imaging Inc., a digital printing technology company.
"We have no intention of sweetening the financial terms of the January acquisition plan," said Fujifilm's Shigetaka Komori.
Xerox shareholder counsel Richard Marooney argued that lifting an injunction blocking the companies' merger would enable Fujifilm Holdings to pursue the terminated transaction.
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 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.
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.
Visentin’s presence could be viewed as a sore reminder of Fujifilm’s $6.1 billion aborted acquisition of the Norwalk-headquartered Xerox.
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.
12Page 1 of 2