Xerox Terminates Acquisition by Fuji, Names New CEO

An agreement reached May 13 between Xerox and its activist investors terminates the proposed $6.1 billion Xerox transaction with Fujifilm to combine Xerox with Fuji Xerox, replaces Xerox CEO Jeff Jacobson with new CEO John Visentin, and appoints five new members to serve on Xerox's board of directors.

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