Fugi is buying Xerox for $6.1 billion. From DIY Photography:
FUJIFILM BECOMES FUJI XEROX IN ACQUISITION CREATING AN $18 BILLION MONSTER
Yes, the Japanese company, Fujifilm Holdings, which makes everything from cameras to makeup is acquiring Xerox in a $6.1 billion deal. The merger is reported to have a combined revenue of $18 billion. The two companies have been partners under the brand Fuji Xerox for over 50 years, but now Fuji will become the majority stakeholder in the American company, made famous by its photocopiers.
A fairly complex swap - more at the site. Ilike both companies - should do well.
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