Hewlett-Packard, Inc. (HPQ) shareholders should care that A U.S. judge temporarily blocked the proposed $6.1 billion merger between Xerox Corporation (XRX) and Fujifilm Holdings Corporation (OTCPK:FUJIY). Carl Icahn and Darwin Deason's activism forced the resignation of Xerox CEO Jeffrey Jacobson and six other board members. Fujifilm filed a legal objection to this settlement made by Xerox with its activist investors. However, it appears Deason and Icahn have already skewered Fujifilm's takeover attempt of Xerox.
Fujifilm's management knew how fiercely combative Carl Icahn can be. New negotiations with Xerox will be bloody troublesome for Fujifilm.
(Source: Xerox/Fujifilm/Motek Moyen)
Now, therefore, is the best opportunity for printing industry leader Hewlett-Packard to make a bid for Xerox. The large enterprise presence of HP can be a good incentive for Xerox to consider joining Hewlett-Packard's organization. Bundling Xerox's multi-purpose printers/copiers along with HP laptops/PCs is a good way to increase sales.
