REFILE-Fujifilm wins appeal in battle with Xerox over scrapped merger [Reuters]
Xerox Holdings Corporation (XRX)
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Source: Reuters
Fujifilm wins appeal in battle with Xerox over scrapped merger | Reuters 2 Min Read TOKYO (Reuters) - Fujifilm Holdings Corp ( 4901.T ) has won an appeal in its legal battle with Xerox Corp ( XRX.N ), with a U.S. court overturning preliminary injunctions requested by activist investors that had blocked a planned merger. Xerox in May scrapped a $6.1 billion deal with Fujifilm in a settlement with investors Carl Icahn and Darwin Deason that also handed control of the U.S. photocopier giant to new management. The ruling by the New York State Appellate Court could give Fujifilm leverage to bring Xerox management back to the negotiating table. The court found in its ruling that Xerox’s former CEO Jeff Jacobson had neither misled or misinformed the board. “The board, which engaged outside advisors and discussed the proposed transaction on numerous occasions prior to voting on agreeing to present it to the shareholders, did not engage in a mere post hoc review, nor was the transaction un
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News
- Should Value Investors Buy Xerox (XRX) Stock? [Yahoo! Finance]Yahoo! Finance
- Xerox Holdings Corporation Announces Full Exercise of Over-Allotment Option for its 3.75% Convertible Senior Notes due 2029, and Completion of Series of Financing TransactionsBusiness Wire
- Xerox Holdings Co. (NYSE: XRX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Xerox Holdings Corporation Announces Closing of Senior Notes OfferingBusiness Wire
- Xerox Holdings Corporation Announces Pricing of Tender Offers for 3.800% Senior Notes due 2024 and 5.000% Senior Notes due 2025Business Wire
XRX
Earnings
- 1/25/24 - Miss
XRX
Analyst Actions
- 1/26/24 - JP Morgan
XRX
Sec Filings
- 3/25/24 - Form 8-K
- 3/15/24 - Form 8-K
- 3/13/24 - Form 4
- XRX's page on the SEC website