Fujifilm’s $6.1B Merger with Xerox Implodes After Investors Revolt

Xerox has called off its $6.1 billion mega-merger with Fujifilm after major shareholders revolted due to their belief that Xerox had been undervalued. The two companies had originally struck a deal in January 2018 that would have merged Xerox into a joint venture between the two firms while giving Fujifilm majority ownership and control. Investors […] petapixel.com »