Fujifilm chief tells shareholders Xerox merger is "best option"

Fujifilm Holdings Corp. President Kenji Sukeno told shareholders on Thursday the Japanese company will continue to pursue a merger with Xerox Corp. despite the U.S. printer and copier maker's decision to terminate the deal."It is the best option for Fuji Xerox and Xerox. I will continue to seek" the merger, Sukeno told an annual shareholders' meeting in Tokyo, held at a time when the two companies have diverged over their merger deal announced in January.Under the deal, Fujifilm would acquire a 50.1 percent stake in Xerox and merge it with joint venture Fuji Xerox Co. The Japanese company c…READ FULL ARTICLE