Bipartisan PRINT (Protecting Rational Incentives in Newsprint Trade) Act would suspend tariffs on Canadian uncoated groundwood pap
Xerox has terminated its proposed $6.1 billion transaction with Fuji and replaced Xerox CEO Jeff Jacobson with new CEO John Visentin.
Owners of the new four-color digital press, which prints four colors plus specialty metallic dry inks in one pass, lauded the Iridesse at a Xerox customer event this week that drew several in-plant managers.
Just when we thought things were settled with Xerox, the company let the deal reached earlier this week lapse. This means CEO Jeff Jacobson and several members of the Xerox board who had agreed to resign will remain in place. For now.
The Xerox CEO and several board of directors resigned yesterday in an agreement reached with dissident Xerox shareholders Carl Icahn and Darwin Deason.
Darwin Deason and Carl Icahn have launched full-court press to convince Xerox shareholders to oppose the acquisition of Xerox by Fuji.
Darwin Deason claims Xerox CEO Jeff Jacobson continued to pursue a deal with Fuji, even after the Xerox board instructed him not to.
President Trump contends the Postal Service continues to lose money, partly due to a bulk rate parcel delivery contract with Amazon.
Tariffs up to 32% on Canadian uncoated groundwood, including newsprint, are hurting newspapers, directories, books and circulars.
Joji Tokunaga brings over 33 years of sales, marketing and management experience at Ricoh, including several business acquisitions.
It would make changes to rules that have led to the dire financial situation of the USPS, including 11 straight years of net losses.
Cenveo’s Chapter 11 saga includes serious allegations from a lender, resulting in a court ruling, and now two more plant closure.
Ray Monaco, former president of Printing Impressions, worked at NAPCO Media for 40 years before retiring in 2009. He died at age 82.
The proposed $6.1 billion acquisition of Xerox by Fujifilm Holdings that was announced Jan. 31 has hit a snag, and it will ultimately be up to the courts to decide whether it will come to fruition or not. But, in the meantime, the battle for support among Xerox shareholders is being waged in the court of public opinion.
Stamford, Conn.-based Cenveo reached an agreement with holders of a majority of its first-lien debt to support its reorganization plan.