Fujifilm Sues Xerox Over Aborted Merger

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– Fujifilm Holdings Corp (4901.T) sued Xerox Corp (XRX.N) on Monday for well over $1 billion plus punitive damages, accusing it of succumbing to pressure to activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion merger.

The lawsuit was filed with the U.S. District Court in Manhattan.

(Reporting by Jonathan Stempel in New York)




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