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Xerox aborts $6.1bn sale to Japan's Fujifilm
Xerox aborts $6.1bn sale to Japan’s Fujifilm
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Technology firm Xerox has ended its controversial sale to Japan’s Fujifilm after reaching a deal with activist investors Carl Icahn and Darwin Deason.
Together, they own 15% of Xerox and had opposed the $6.1bn (£4.5bn) deal as they said it undervalued the firm.
The decision ends…
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Xerox aborts $6.1bn sale to Japan's Fujifilm
Xerox aborts $6.1bn sale to Japan’s Fujifilm
[ad_1]
Image copyright Getty Images
Technology firm Xerox has ended its controversial sale to Japan’s Fujifilm after reaching a deal with activist investors Carl Icahn and Darwin Deason.
Together, they own 15% of Xerox and had opposed the $6.1bn (£4.5bn) deal because they said it undervalued the firm.
The decision ends months of infighting,…
View On WordPress
GKN and Dana agree auto-engineering merger for $6.1bn - https://goo.gl/bYhVmi - #61Bn, #Agree, #Autoengineering, #Dana, #Finance, #GKN, #Merger
