carl icahn

Xerox, under activists’ pressure, calls off merger with Fujifilm

Posted by Rick Smith | May 14, 2018

Xerox is calling off its merger deal with Fujifilm of Japan, after reaching a settlement with the shareholder activist Carl Icahn and another major investor who sharply opposed the deal.

Xerox CEO is back as board does shock U-turn

Posted by CNN | May 4, 2018

A couple of days ago, Xerox said its CEO was resigning. Now, it says he’s staying put.

Carl Ichan’s victory: Xerox’s leaders depart, putting Fujifilm deal in jeopardy

Posted by Rick Smith | May 2, 2018

Xerox’s plan to merge its business with Fujifilm of Japan looks to be increasingly in jeopardy, as its chairman, its chief executive and a majority of its board members said they would resign.