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Business deals

Xerox shareholders stay silent, dashing Fujifilm's hopes of deal

Japanese company had banked on support at general meeting

A Fuji Xerox photocopier. Japan's Fujifilm had hoped some stakeholders in joint venture partner Xerox would push to reinstate their deal for a takeover.
A Fuji Xerox photocopier. Japan's Fujifilm had hoped some stakeholders in joint venture partner Xerox would push to reinstate their deal for a takeover.   © Reuters

TOKYO -- Xerox stakeholders failed to speak up in favor of an acquisition by longtime partner Fujifilm Holdings at a general meeting Tuesday, dimming the Japanese company's prospects of fighting the activist investors opposing the deal.

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