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Xerox responds to letter from Deason

Published 01/18/2018, 04:09 AM
© Reuters.  Xerox responds to letter from Deason
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  • Xerox (NYSE:XRX) has reviewed a letter from Darwin Deason - urging the photocopier to make its joint venture agreement with Fujifilm (OTCPK:FUJIY) public - but believes the assertions and characterizations are "false and misleading."
  • The shareholder, which cited U.S. securities laws, also asked the company's board to hire new and independent advisers to prevent a "one-sided value destroying agreement disfavoring Xerox."
  • Previously: Deason ramps up pressure on Xerox (Jan. 17 2018)
  • Now read: GoPro: Will Earnings Matter?


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