Fujifilm
Dramatic changes for Xerox
May 3, 2018
In a remarkable volte-face, the OEM’s CEO and 6 other board members are being replaced, putting its proposed Fujifilm deal in jeopardy. As CNBC reports, Xerox has announced that CEO Jeff Jacobson and 6 other board members are stepping down, in order to “settle a suit by activist shareholders” Carl Icahn and Darwin Deason. This […]
Peace restored between Xerox and shareholders
May 2, 2018
The OEM has made a landmark announcement, revealing it has entered into an agreement with Carl Icahn and Darwin Deason. After a protracted and very heated war of words with its major shareholders, Carl Icahn and Darwin Deason, Xerox has finally announced that it has entered into an agreement with the pair. This agreement, according […]