Xerox CEO Steps Down as Company Reviews Fujifilm Deal

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Xerox Corp.’s Chief Government Jeff Jacobson is resigning in a settlement with two of the corporate’s largest traders, Carl Icahn and Darwin Deason, a pact that shakes up nearly all of the board and places its transaction with Fujifilm Holdings Corp. in danger.

The brand new board is anticipated to contemplate options to the cope with Fujifilm, a fancy transaction that sells nearly all of Xerox to the Japanese firm by combining with a three way partnership the 2 function in Asia.

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