Carl Icahn and Darwin Deason are a couple of seasoned billionaire investors, who know a bad deal when they see it, and they definitely don’t like the $6.1 billion deal announced last month to combine Fuji with Xerox. In a blog post published today, they are urging fellow shareholders to reject the offer. You may recall that it was Icahn and Deason, who together own a 15 percent stake in… Read More
Feb
12
2018
12
2018
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Billionaire investors Icahn and Deason write blog post slamming Xerox-Fuji deal
Jan
31
2018
31
2018
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Fujifilm will take over Xerox, cut 10,000 jobs
Fujifilm announced this week that it’s set to take a majority stake in Xerox. The news comes as the U.S. tech stalwart and photocopying synonym struggles to cope with an eroding demand for office printers and photocopies. The boards of both companies agreed to the deal this week, giving Fujifilm a 50.1-percent stake in the combined companies.
The naming conventions on this one are… Read More