1. Fujifilm Takes Over Xerox with a $6.1 Billion Deal, Forms a Joint Venture

    Fujifilm Takes Over Xerox with a $6.1 Billion Deal, Forms a Joint Venture
    • Japan's Fujifilm is set to take over Xerox in a $6.1 billion, creating a joint venture.
    • Fujifilm will use bank debt to buy a 50.1% stake in new Xerox shares.
    • The combined company will keep the Fuji Xerox name and become a subsidiary of Fujifilm.

    (Reuters) - Japan's Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing...

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  2. Quotes

    1. This has been a speedy decision, but I believe it's a creative one.
    2. This transaction...offers substantial upside for shareholders of the combined companies, including current shareholders of Xerox and Fujifilm Holdings, who will own shares in a more competitive company that has enhanced opportunities for long-term growth and margin expansion.
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