Bloomberg: Judge rejects Fujifilm bid to dissolve Fuji Xerox deal injunction

Bloomberg reported Fujifilm Holdings Corp. failed to persuade a Manhattan state judge to dissolve an order barring its planned merger with Xerox Corp., cutting off a possible option for keeping the deal alive. The company has claimed in a separate lawsuit it will suffer $1 billion in damages if it can’t cement the $6.1 billion takeover, which was thwarted by activist investors Carl Icahn and Darwin Deason. Read more here: Xerox Judge Rejects Fujifilm Bid to Dissolve Deal Injunction – Bloomberg