A Top Xerox Shareholder Just Sued to Block Fuji’s Takeover [Fortune]
FUJIFILM HLDGS CORP ADR (FUJIY)
Last fujifilm hldgs corp adr earnings: 8/9 04:02 pm
Check Earnings Report
US:NASDAQ Investor Relations:
fujifilmholdings.com/en/investors/index.html
Company Research
Source: Fortune
Xerox Corp.’s third-biggest shareholder sued to block its plan to turn over control to Fujifilm Holding Corp., calling the deal a one-sided transaction that leaves investors in the once-iconic photocopy maker virtually powerless. Darwin Deason asked a judge to halt the deal and terminate existing joint venture agreements between the companies. He claims the agreement is the result of fraud and that directors breached their fiduciary duties. “The transaction must be stopped dead in its tracks,” Deason said in the complaint, filed Tuesday in Manhattan state court. Xerox shares fell 1.9 percent at 11:40 a.m. in New York trading. Deason claimed the agreement “is the result of an improper and fraudulently concealed ‘crown jewel’ lock-up agreement that Xerox entered into with Fuji 17 years ago that was never disclosed to Xerox’s shareholders,” until the agreement between the two was made public last month. Fuji, Xerox, current Xerox board members and Ursula M. Burns,
Show less
Read more
Impact Snapshot
Event Time:
FUJIY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FUJIY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FUJIY alerts
High impacting FUJIFILM HLDGS CORP ADR news events
Weekly update
A roundup of the hottest topics
FUJIY
News
- Fujifilm to invest $1.2 bln in North Carolina plant in biopharma expansion [Reuters]Reuters
- FUJIFILM Diosynth Invests $1.2B in Holly Springs, North Carolina, Manufacturing Facility, Creating 680 New JobsPR Web
- On eve of Japanese prime minister's visit to North Carolina, Fujifilm announces more jobs there [Financial Post (Toronto, Ontario, Canada)]Financial Post
- On eve of Japanese prime minister's visit to North Carolina, Fujifilm announces more jobs there [Yahoo! Finance]Yahoo! Finance
- UPDATE 1-Fujifilm to invest $1.2 bln in North Carolina plant in biopharma expansion [Yahoo! Finance]Yahoo! Finance