Xerox to combine with Fujifilm
 

Hopes to see off shareholder revolt

Xerox is close to agreeing on a deal that would combine the printer and photocopier company with Japan’s Fujifilm in a bid to revive its fortunes and thwart an activist shareholder revolt.

Fujifilm is expected to make a stock and cash offer to Xerox that would give the Japanese group a 51 percent stake in the combined company, said a person with direct knowledge of the transaction terms.

https://fudzilla.com/news/45495-xero...-with-fujifilm