Xerox & Fuji Film Coming down to the Wire

Art PostAdmin VIP

Court Listener magazine is reporting that discovery has begun, including depositions of Fujifilm executives
o This is in regards to Fujifilm trying to force Xerox to pay a $1 billion fine for
backing out of the deal where Fujifilm was to acquire Xerox
o Both sides apparently have been ordered by the judge to complete discovery by Oct. 19, 2019
- Article published in Wirth Consulting magazine is titled; “Fujifilm CEO Still Wants Xerox, But Will HP Beat Him to the Punch?”
o Predicts HP will acquire Xerox if Xerox is not required to pay $1 billion to Fujifilm
o If Xerox is ordered by court to pay $1 billion, then most likely will be taken over by Fujifilm

10/21/1910:17 PM

Original Post

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