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Xerox announces merger with Fujifilm (access required)

Xerox Corp., long a regional icon and one-third of Rochester’s one-time Big Three employers, settled rumors on Wednesday by announcing that the document company has agreed to merge with longstanding partner Fujifilm Holdings Corp. The $6.1 billion deal will give Fujifilm 50.1 percent ownership of the combined company, to be known as Fuji Xerox. Xerox shareholders ...

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Xerox reports drop in sales in first full quarter since shakeup (access required)

Xerox Corp. on Tuesday reported a drop in third quarter revenue and earnings, missing Street estimates for sales, but beating ...