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Fuji Xerox merger talks reopened

Reuters reports Xerox Corp chairman Robert Keegan told a New York state court Xerox and Fujifilm Holdings Corp. have reopened negotiations about their $6.1 billion agreement to merge the Japanese Fuji Xerox business with Xerox, into a new worldwide Fuji Xerox entity.

The merger has faced opposition from activist shareholders Carl Icahn and Darwin Deason, who say the selling price is too low (among other allegations).

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