NORWALK, Conn. — Xerox (NYSE: XRX) today announced that it has taken an appeal from the decision enjoining the Fuji Xerox combination. Xerox strongly believes that the decision is contrary to well-established New York law vesting the Board of Directors of Xerox with the business judgment to enter into the transaction agreement with Fujifilm (the “Transaction”) and that the decision to approve should rest with Xerox’s shareholders, not the Court.
On May 3, Xerox announced that the settlement agreement it had reached with Carl Icahn and Darwin Deason on May 1, 2018 has expired in accordance with its terms. As previously stated, the agreement would have become effective upon execution of stipulations discontinuing the Deason litigation with respect to the Xerox defendants. In the absence of such stipulations, the agreement expired at 8:00 p.m. ET on May 3, 2018.
Ringdale, a leading provider of secure document output management solutions, announces today that its FollowMe Embedded for Lexmark product provides integrated support for Lexmark’s latest A4 workgroup MFPs including the MX520 and MX620 Series.
Kansas City, MO — The Business Technology Association’s (BTA’s, www.bta.org) 2018 Gateway to Success event, hosted by BTA Mid-America, will be held June 14-15 at the Worthington Renaissance Hotel in Fort Worth, Texas. The hotel discount deadline is May 23, so register today to reserve your room.
May 1, 2018, NORWALK, Conn. — Xerox (NYSE: XRX) today announced that it has entered into an agreement with Carl Icahn and Darwin Deason that will resolve the pending proxy contest in connection with the company’s 2018 Annual Meeting of Shareholders, as well as the ongoing litigation against Xerox and its directors related to the company’s proposed combination with Fuji Xerox. The agreement does not affect any claims of Mr. Deason against Fujifilm for aiding and abetting.
IRVINE, Calif. (PRWEB) April 30, 2018 — BUSINESS COMPLETE SOLUTIONS, a leading provider of office equipment technology, has acquired Newport Office Equipment, a 36-year-old veteran office equipment supplier authorized for and specializing in Lexmark, Canon, Oki Data, Muratec, HP, IBM and 3M products. This acquisition will offer the Newport Customers more offerings and products to help their business be even more efficient.
STAMFORD, Conn.--(BUSINESS WIRE)-- Pitney Bowes Inc. (PBI) (NYSE:PBI), a global technology company that provides commerce solutions in the areas of shipping and mailing, data, and ecommerce, today announced that Platinum Equity has signed a definitive agreement to acquire the Company’s Document Messaging Technologies (DMT) production mail business and supporting software for $361 million, subject to certain adjustments. The company anticipates proceeds from the sale of approximately $270 million, net of estimated closing costs, transaction fees and taxes. Pitney Bowes expects to use the majority of the net proceeds from the sale to pay down debt.
ST. LOUIS, MO May 1, 2018 – Supplies Network is pleased to announce the addition of several HP product lines bolstering its current offering of HP Original print supplies and HP Original parts. Effective May 1, 2018, Supplies Network will begin Authorized (Tier 1) distribution of HP A3 copier products, A4 M series printers and HP Samsung products. These products will be available to all HP Authorized resellers and will be stocked in all Supplies Network regional distribution centers for fast, economical nationwide delivery.
April 26, 2018 — KYOTO, Japan--(BUSINESS WIRE)--Kyocera Corporation today announced its consolidated financial results for the fiscal year ended March 31, 2018.