:::::::::: 글로벌번역통역센터 ::::::::::
 
 
 



 
 
> 고객지원센터 > News & Notice
ADMIN 2018. 05. 28.  
LIST  MODIFY  DELETE  WRITE  REPLY 
   제목: Xerox Scraps $6.1 Billion Fujifilm Deal in Victory for Icahn
Xerox Scraps $6.1 Billion Fujifilm Deal in Victory for Icahn
By Ed Hammond ,Scott Deveau and Lisa Du

May 14, 2018
Xerox Corp. called off a $6.1 billion takeover by Fujifilm Holdings Corp. and parted ways with its chief executive officer, handing a major victory to activist investors Carl Icahn and Darwin Deason.



In an agreement with the two investors, which together own about 13 percent of Xerox, the U.S. office equipment supplier said CEO Jeff Jacobson will step down along with several other board members. John Visentin is expected to take over as CEO while Keith Cozza, the CEO of Icahn Enterprises, will become chairman.



Fujifilm on Monday said it “disputes Xerox’s unilateral decision” and is “reviewing all of our available options, including bringing a legal action seeking damages.”






The settlement marks the end of a tumultuous fight between Xerox and Icahn over a transaction that would cede control of the once-iconic American innovator synonymous with office copy machines to a Japanese company. As part of a deal proposed in January, Xerox would first merge with a joint venture it operates with Fujifilm in Asia, and the Tokyo-based company would ultimately take over slightly more than 50 percent of the combined entity.



Icahn and Deason opposed the Fujifilm transaction from the start. Deason sued Xerox in February to block the proposal, accusing Jacobson of acting without authorization to strike a deal that preserved his job at shareholders’ expense. The lawsuit also claimed that the company’s board breached its fiduciary duties.

Selected articles from Bloomberg

LIST  MODIFY  DELETE  WRITE  REPLY 





전체글 목록 2018. 05. 28.  전체글: 667  방문수: 2022418
 공지  정규직,계약직,프리랜서직 모집 
667   Rohatyn criticized for exploiting BHC franchisees
666   Uber shutting down self-driving operations in Arizona
665   China Considers Ending Birth Limits as Soon as This Year
664   Hedge Fund Returns Rose in April for First Gain Since January
663   Tycoon Gupta to Target Australia in Financial Services Expansion
662   Xerox Scraps $6.1 Billion Fujifilm Deal in Victory for Icahn
661   What Happened in the World Economy This Week and What It Means
660   Walmart's Biggest Deal Ever, Announced by SoftBank뭩 CEO
659   Australia Plots Early Return to Surplus by Defying Global Forces
658   Apple Earnings Show Growing Immunity to Smartphone Malaise
657   OPEC Cuts May Go Even Deeper as Another Member Sees Output Slump
656   American Brands at War With Alibaba Over Visibility, AP Reports
655   Lunar Space Station Is Almost Here
654   Philippine Stock Woes Mount as 2018 Losses Pass $20 Billion Mark
653   Malaysia's Managed Election Obscures Growing Schisms
652   Nazi-Looted Art Ordered Returned to Holocaust Victim's Heirs
651   China Vows to Fight Trump Tariffs 몋o the End as Tension Rises
650   Anti-China Tilt in Australia Is Shortsighted
649   China's Financial Opening Isn't Quite What It Seems
648   Asian Stocks Show Resilience After U.S. Tech Slump: Markets Wrap
647   Samsung sets up design innovation center
646   Nissan and Renault in Talks to Merge, Create a New Company
645   Bolton accuses North of buying time with talks
644   Genesis' first concept EV to make debut in New York
643   McDonald…s announces major environmental goals for 2030, sending a signal to the restaurant industr
642   How the Facebook-Cambridge Analytica Saga Unfolded
641   Making Sense of the World's Cryptocurrency Rules
640   Metal Tycoon to Leapfrog Elon Musk With World's Biggest Battery
639   The Bitcoin Fad Is Fading뾣or Now
638   At $232 Billion, World's 3rd-Largest Oil Major Looks Cheap
RELOAD VIEW DEL WRITE
1 [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] 23