June 18, 2018 / 3:58 PM / 4 months ago

Fujifilm sues Xerox over aborted merger

(Reuters) - Fujifilm Holdings Corp (4901.T) sued Xerox Corp (XRX.N) on Monday for well over $1 billion (754.4 million pounds) plus punitive damages, accusing it of succumbing to pressure to activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion (4.6 billion pounds) merger.

FILE PHOTO: The Fuji Xerox logo is seen on a photocopier in this illustration photo January 19, 2018. REUTERS/Thomas White/Illustration

The lawsuit was filed with the U.S. District Court in Manhattan.

Reporting by Jonathan Stempel in New York

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