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Carl Icahn publishes letter blasting HP for “recalcitrance” in rejected Xerox offer Acquisitions News Opinion 

Carl Icahn publishes letter blasting HP for “recalcitrance” in rejected Xerox offer

Activist investor Carl Icahn posted an open letter to HP shareholders today, criticizing the HP Inc. board for rejecting Xerox Corp.‘s merger overtures. Icahn, who respectively owns about 10.85% of Xerox and 4.24% of HP, stated HP is going down the path forged by former foe Eastman Kodak Co., which is often criticized for wasting resources on a series of failed... Read More
Back at ya, HP! Xerox to take merger case to shareholders in hostile bid Acquisitions News 

Back at ya, HP! Xerox to take merger case to shareholders in hostile bid

Xerox Inc. management has responded bruskly to HP‘s rebuff of its offer to combine the two printing giants. Earlier this week, HP rejected Xerox’s advances, citing what it said were Xerox’s declining fortunes and it’s own perceived bright prospects. In response, Xerox vice-chairman and CEO John Visentin says the refusal to engage in the process “defies logic.” Specifically, Visentin rejects... Read More
Xerox fires back to HP after rebuff of takeover offer Acquisitions News Opinion 

Xerox fires back to HP after rebuff of takeover offer

In what portends to the beginning of a contentious courtship, Xerox Holdings Corp. management responded harshly to the rejection of its proposal to acquire rival HP Inc. Xerox vice chairman and CEO John Visentin advised HP board members Enrique Lores and Chip Bergh, if a “friendly” merger agreement could not be reached quickly, Xerox would take it’s case directly to... Read More
HP board unanimously rejects Xerox takeover proposal Acquisitions News 

HP board unanimously rejects Xerox takeover proposal

The board of HP Inc. today announced it has unanimously rejected the unsolicited proposal from Xerox Holdings Corporation to acquire the company. Following is the full text of the letter that was sent on November 17, 2019 to John Visentin, Xerox Vice Chairman and CEO: Dear John, Our Board of Directors has reviewed and considered your unsolicited proposal dated November... Read More
Breaking: Xerox considering bid for HP Acquisitions News Opinion 

Breaking: Xerox considering bid for HP

The Wall Street Journal reports  Xerox Corp., fresh off of its divestiture of Fuji Xerox, is now considering using part of its $2.3 billion proceeds to buy rival HP Inc. Xerox is considering making a cash-and-stock offer for HP, which has a market value of about $27 billion, according to people familiar with the matter. The copier maker’s board discussed... Read More
Xerox sells stake in Fuji Xerox to Fujifilm for $2.3 billion Acquisitions News Opinion 

Xerox sells stake in Fuji Xerox to Fujifilm for $2.3 billion

Xerox Holdings Corp., Norwalk, Conn., announced it entered into an agreement with Fujifilm Holdings Corp. and assorted subsidiaries to sell to Fujifilm its 25% state in Fuji Xerox Co. Ltd., putting an end to one of the most rancorous corporate divorces in recent memory.  The company also sold Xerox’s 51% stake in Xerox International Partners (XIP), an OEM joint venture... Read More
HumanEyes Technologies announces acquisition of HowToCreateVR.com Acquisitions News Press releases 

HumanEyes Technologies announces acquisition of HowToCreateVR.com

Leading community and repository of tutorials, podcasts, and webinars for Virtual Reality developers and content creators will continue to evangelize, grow and stimulate industry expansion NEW YORK, Oct. 14, 2019 (GLOBE NEWSWIRE) — HumanEyes Technologies, a leading 3D-Virtual Reality holistic solutions developer, today announced it has acquired HowToCreateVR.com, one of the world’s leading content repositories for Virtual Reality developers and content creators.... Read More
EverPresent acquires Just8mm film transfer company Acquisitions News Press releases 

EverPresent acquires Just8mm film transfer company

NEWTON, Mass. — EverPresent, Inc. today announced the acquisition of Just8mm.com.  This merger brings together the Northeast’s largest full-service family memories company with the nation’s leading film transfer specialist.  For EverPresent, this combination represents a significant strategic shift into the national market. “Just8mm clients will continue to enjoy the service they are accustomed to preserving their priceless home movies, and... Read More
H.I.G. Capital completes growth investment in Circle Graphics Holdings, Inc. Acquisitions News Press releases 

H.I.G. Capital completes growth investment in Circle Graphics Holdings, Inc.

MIAMI–(BUSINESS WIRE)–H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with over $34 billion of equity capital under management, is pleased to announce that one of its affiliates has made a significant growth investment in Circle Graphics Holdings, Inc. (“Circle Graphics” or the “Company”), a leading provider of made-to-order wall décor and branded out-of-home visual solutions. Headquartered near Denver,... Read More
Shutterfly sale closes for $2.7 billion Acquisitions News Press releases 

Shutterfly sale closes for $2.7 billion

Shutterfly, Inc. stockholders receive $51.00 per share in cash in a transaction with an enterprise value of $2.7 billion REDWOOD CITY, Calif.–(BUSINESS WIRE)–Shutterfly, Inc., a leading retailer and manufacturing platform dedicated to helping capture, preserve, and share life’s important moments, and affiliates of certain funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (together with its consolidated... Read More
RPI acquires ColorCentric, Picaboo.com, and prInternet businesses from SoftPrint Holdings Acquisitions News Press releases 

RPI acquires ColorCentric, Picaboo.com, and prInternet businesses from SoftPrint Holdings

SEATTLE (Sept. 25, 2019) – Reischling Press, Inc. (RPI) a leader in the make‐on‐demand photo books, greeting cards and business products markets for e‐commerce companies, mass retailers, and Fortune 1000 corporations, today announced that it has acquired the assets of SoftPrint Holdings’ ColorCentric, Picaboo.com, and prInternet™ business units. The acquisition accelerates RPI’s ability to deliver expanded services for product builders... Read More
Pixsy acquires blockchain-based copyright platform Binded.com Acquisitions News 

Pixsy acquires blockchain-based copyright platform Binded.com

The acquisition will deliver streamlined international copyright registration and image protection services to a wider community of photographers, artists, and designers SAN FRANCISCO, Sept. 10, 2019 /PRNewswire/ — Pixsy, Inc. announced today that it will acquire blockchain-based copyright registration platform Binded.com, strengthening its image protection offerings for a wider community of users (terms of the transactions were not disclosed). The acquisition bolsters Pixsy’s... Read More
Edge Imaging acquires Added Touch Photo Acquisitions News 

Edge Imaging acquires Added Touch Photo

Canada’s largest volume photography company Edge Imaging announced the acquisition of Added Touch Photo, the company’s first acquisition since being acquired by Walter Capital Partners. Added Touch brings more than 70 accounts, primarily fall school photos, graduates, sports organizations, dance companies, and yearbooks in the Rockland/Ottawa area. Added Touch founders Norm and Sandra Goulet, with 35 years of experience, will continue... Read More
APTech, Caslon agree to transfer of PODi assets Acquisitions News 

APTech, Caslon agree to transfer of PODi assets

Reston, VA— The Association for PRINT Technologies (APTech) and Caslon announced today that APTech will receive all of the content assets from PODi. APTech will determine a path forward after a thorough review of what has been transferred. Caslon has provided management of PODi since 1996. APTech has been in the process of transforming into an organization that is focused... Read More
SGIA acquires NAPCO Media Acquisitions News Press releases 

SGIA acquires NAPCO Media

Merger will create a platform designed to grow all segments of the printing industry Fairfax, Va., and Philadelphia — In a move that further enhances its current partnership with NAPCO Media and creates unprecedented value for the industry, the Specialty Graphic Imaging Association (SGIA) today announced that it has acquired NAPCO Media. Under the terms of the agreement, which has been... Read More
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