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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 filing details ‘Project Own It,’ plans to save $1.5 billion (access required)

Xerox Corp. is exploring the possibility of a “strategic transaction” involving its customer financing business and related assets, a filing ...