Daily Dicta: King & Spalding Attacks “Strange and Irregular” Xerox Merger
A team from King & Spalding is pulling out all the stops in an attack on a pending merger between Xerox Corp. and Fujifilm Holdings Corp..
April 17, 2018 at 09:14 PM
7 minute read
“Shocking misconduct.” “Breathtaking and undeniable.” “Egregious behavior and conscious wrongdoing.” “Blatant fraud.”
A team from King & Spalding is pulling out all the stops in an attack on a pending merger between Xerox Corp. and Fujifilm Holdings Corp.. The firm represents Xerox's third-largest shareholder, Darwin Deason, who wants to kill the deal and replace much of the Xerox board.
The amended complaint, a 746-page submission filed on April 15 in New York state court, kicks off with a devastating evaluation of the merger by legal giant John Coffee, a professor at Columbia Law School who has repeatedly been named one of The National Law Journal's 100 most influential lawyers in America.
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