Fujifilm Sues Xerox for $1 Billion over Scuttled Merger

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Fujifilm Holdings Corp. has sued Xerox Corp. for more than $1 billion, alleging that Xerox’s board of directors allowed itself to be steamrolled by two activist investors into calling off a proposed merger. “Xerox has recently been subject to the whims of activist investors Carl Icahn and Darwin Deason, who, notwithstanding their minority ownership of

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