Business News

Xerox Deal With Japan's Fujifilm Leaves Two Big Investors With Doubts

Xerox Corp. unveiled a complex deal aimed at shoring up its future in an increasingly challenging environment for document companies—and now must convince two big investors that the plan, and the man in charge of it, will work.

The printer-and-copier pioneer said early Wednesday that it would sell a 50.1% controlling position, confirming an earlier Wall Street Journal report on the proposed combination of Xerox and its joint venture with Japan’s Fujifilm Holdings Corp.

Source link

To Top