WILMINGTON, Del.--(BUSINESS WIRE)--
Rigrodsky & Long, P.A.:
- Do you own shares of Xerox Corporation (NYSE: XRX)?
- Did you purchase any of your shares prior to January 31, 2018?
- Do you think the proposed combination is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Xerox Corporation (“Xerox” or the “Company”) (NYSE: XRX) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to combine with FUJIFILM Holdings Corporation (“Fujifilm”). Under the terms of the agreement, Xerox shareholders will receive a $2.5 billion special cash dividend, or approximately $9.80 per share, funded from the combined company’s balance sheet, and own 49.9% of the combined company at closing. Fujifilm will own 50.1% of the combined company and provide important operational support and transformational leadership.
If you own common stock of Xerox and purchased any shares before January 31, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail at [email protected].
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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