The hatchet remains unburied at Xerox

The hatchet remains unburied at Xerox

In the latest twist to the Xerox tale, the OEM has announced that the settlement agreement it made earlier this week with Icahn and Deason has now expired. Developments in the Xerox case have come thick and fast over the last few days, from a court ruling that...
Dramatic changes for Xerox

Dramatic changes for Xerox

In a remarkable volte-face, the OEM’s CEO and 6 other board members are being replaced, putting its proposed Fujifilm deal in jeopardy. As CNBC reports, Xerox has announced that CEO Jeff Jacobson and 6 other board members are stepping down, in order to “settle a suit...
Minor falls in Xerox financials

Minor falls in Xerox financials

The OEM has published its financial results for the first quarter of the year, showing a slight dip. The Connecticut-based company saw its total revenue drop to $2.43 billion (€2.02 billion), a minor fall of 0.8 percent from $2.45 billion (€2.04 billion) in the same...
Court ruling blocks Fuji-Xerox merger

Court ruling blocks Fuji-Xerox merger

The latest twist in the long-running saga of Fujifilm’s merger with Xerox has given cause for celebration to opponents of the deal. The Democrat & Chronicle reports that the ruling follows a lawsuit by billionaire shareholder Darwin Deason, a constant thorn in the...