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.
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.
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