“New beginning” as Xerox terminates deal

“New beginning” as Xerox terminates deal

The long-running, twisting and often bitter battle between Xerox and two of its major shareholders appears to have finally drawn to a close, with the OEM announcing the termination of its deal with Fuji Xerox. Owing to “the failure by Fujifilm to deliver the audited...
“New beginning” as Xerox terminates deal

Icahn and Deason argue the case again

The long-running saga surrounding the Fuji-Xerox merger continues, with a new presentation aiming to halt the deal. Two of Xerox’s biggest shareholders, Carl Icahn and Darwin Deason – who between them own 15 percent of the OEM – have released a presentation...
Deason seeks to nominate new Xerox board

Deason seeks to nominate new Xerox board

Following weeks of public condemnation voiced in collaboration with fellow Xerox shareholder, Carl Icahn, Darwin Deason is now attempting to nominate “a full slate of directors” to the OEM’s board. According to Reuters, Deason is seeking to nominate replacements for...
Xerox responds to Deason’s claims

Xerox responds to Deason’s claims

The OEM has issued a statement in response to a lawsuit filed by major shareholder, Darwin Deason, on 13 February 2018 at the Supreme Court of the State of New York. The statement reads: “Mr. Deason’s allegations are without merit and the company will vigorously...