Fujifilm Concedes Difficulties in Pursuing Xerox Acquisition

The following appears on Nikkei.com

TOKYO — Fujifilm Holdings’ Chairman Shigetaka Komori has admitted that the acquisition of Xerox — a deal announced in January then canceled by Xerox in May — has become “difficult.”

In an interview with Nikkei, Komori chose his words carefully but appeared to be on the verge of bowing to the inevitable.

He said he met Xerox CEO John Visentin in November and that the two “shared” the view that the companies can maintain their existing alliance, which also appeared to be on the rocks earlier this year.

Click here to read the rest

Xerox Plans Live Webcast of 2019 Investor Day