Lawsuit
Xerox responds to Fujifilm lawsuit
June 25, 2018
Vice Chairman and CEO John Visentin today sent a letter to Fujifilm Chairman Shigetaka Komori responding to the lawsuit filed by Fujifilm last week. “Fujifilm should realise that the internal accounting issues at Fuji Xerox were a result of their mismanagement, which made it impossible to close the announced transaction” said Visentin. “We cannot stand […]
Fujifilm hits legal dead-end
June 25, 2018
A Manhattan state judge has elected not to dissolve an order forbidding the planned merger between Fujifilm and Xerox. As Bloomberg reports, this decision on the part of the judge means that Fujifilm has lost “another possible option for keeping the deal alive”. It is also the latest twist “in the months-long drama for control” […]
