Judge Temporarily Blocks Xerox-Fujifilm Deal

Judge Temporarily Blocks Xerox-Fujifilm Deal

Xerox Corp.’s deal to promote a majority of itself to Fujifilm Holdings Corp. was briefly blocked Friday evening by a choose who stated the transaction was negotiated by a “massively conflicted” chief government who was searching for his personal pursuits over Xerox shareholders’.

In an opinion following two days of hearings for a lawsuit introduced by certainly one of Xerox’s greatest traders, the choose slammed Xerox CEO Jeff Jacobson and the corporate’s board for approving the deal, calling their arguments “counter-intuitive and not credible.”…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *