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FUJIFILM Holdings and Xerox Announce Agreement to Combine Fuji Xerox Joint Venture with Xerox

XEROX (XRX)  More Company Research Source: Business Wire
Last xerox earnings: 1/31 03:00 am Check Earnings Report
PDF Creates a Global Leader in Innovative Print Technologies and Intelligent Work Solutions Xerox shareholders to receive a $2.5 billion special cash dividend, or approximately $9.80 per share1, and 49.9% of the combined company; Fujifilm to own 50.1% Combined company to deliver at least $1.7 billion in total cost savings, with $1.2 billion to be achieved by 2020 Accelerates path to revenue growth through global reach, industry-leading scale and enhanced innovation capabilities Well-positioned to lead in growing business areas such as high-speed inkjet, industrial print and workplace solutions, while leveraging Fujifilm's extensive technologies Combined company will have enhanced financial flexibility for future growth investments and capital returns Combined company will have dual headquarters in Norwalk, CT, U.S. [Read more]

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