The following appears on CNBC.com
- Lawyers for Fuji and Xerox discussed the “active talks” to renegotiate the deal during a court hearing Thursday.
- The $6.1 billion deal would combine Xerox into an existing joint venture with Fuji.
By David Faber and Liz Moyer – Xerox and Fujifilm Holdings are in “active talks” to renegotiate a deal the two struck in January, according to remarks by their lawyers at a court hearing Thursday.
The $6.1 billion deal, which would combine Xerox into an existing joint venture with Fuji, drew opposition from prominent shareholders such as Darwin Deason, Xerox’s largest individual shareholder, who sued in New York state court saying the deal undervalues the American copier and printing company.
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Xerox Partners with PrintReleaf to Help Customers Reach Sustainability Goals
