Fujifilm Sues Xerox for Extra Than $1 Billion After Canceled Merger

0 26

Fujifilm Holdings Corp. is suing Xerox Corp. for breach of contract and estimated damages of greater than $1 billion after the printer and copier firm walked away from a deliberate merger earlier this 12 months.

Xerox reached a truce with activist traders Carl Icahn and Darwin Deason final month to terminate the deal it had in place with Fujifilm, however it’s nonetheless combating with Fujifilm over the soured merger the pair sought to stop.

Supply hyperlink – https://www.wsj.com/articles/fujifilm-sues-xerox-for-more-than-1-billion-after-canceled-merger-1529336395?mod=pls_whats_news_us_business_f

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.