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Xerox +7.1% on report Fujifilm deal could come tomorrow [Seeking Alpha]

XEROX (XRX)  More Company Research Source: Seeking Alpha
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF Xerox +7.1% on report Fujifilm deal could come tomorrowXerox (NYSE:XRX) shares havejumped 7.1% after hours on a Dow Jones report that it's near a deal with Fujifilm (OTCPK:FUJIY) as soon as tomorrow.That would leave current Xerox shareholders withless than half of the new company. Fuji Xerox, the joint venture between the two, would own 51% of Xerox.Reports earlier this month signaled a major deal between the two that could result in a change of control. And major investors Carl Icahn and Darwin Deason havepushed the company to explore a sale and break its JV with Fujifilm, along with pressure to fire CEO Jeff Jacobson.See all stocks on the move »Now read:Featured Stocks In January's Safest Dividend Yields Model Portfolio » [Read more]

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