Xerox says it is ending Fujifilm deal, settles with Icahn, Deason

Xerox Corp said on Sunday it was ending a planned $6.1 billion (£4.5 billion) deal with Fujifilm Holdings Corp and had reached a settlement with activist investors Carl Icahn and Darwin Deason. The company said Chief Executive Officer Jeff Jacobson had resigned and that John Visentin was expected to be the new CEO. Xerox also replaced five directors as part of a board reshuffle. …read more

Source:: Yahoo Finance

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