Fuji Xerox merger talks reopened

Gary Pageau

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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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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.