Fujifilm Holdings isn't done with Xerox Corp.
The Tokyo-based company is planning to sue the photocopier manufacturer for cancelling their planned $6.1 billion merger.
Jeff Jacobson, who was under heavy scrutiny for orchestrating the deal, resigned from his role as Xerox chief executive officer and as a member of the board of directors. Keith Cozza and John Visentin, both Icahn Enterprises (NASDAQ: IEP) executives, are now in charge of the Norwalk, Connecticut-based company.
I spoke with M&A expert Stephen Albert, a partner at Wilk Auslander, to discuss the hurdles Xerox faces in the aftermath of Carl Icahn's successful proxy campaign.
What’s your take on Jacobson and how he conducted himself with the Fujifilm negotiations? Read the rest here