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Paragon snaps up Kingswood iOptus

Kingswood iOptus has been acquired out of administration by Paragon Group after the 23-year-old business hit cashflow problems.

Fujifilm to take legal action over thwarted Xerox merger deal

Fujifilm has declared its intention to sue Xerox for damages, saying the latter had "no legal right" to unilaterally pull out of the planned merger deal.

Xerox: Fujifilm deal is canned, CEO resigns

Carl Icahn and Darwin Deason have emerged victorious in the war over control of Xerox – the proposed takeover deal with Fujifilm is now off and Xerox CEO Jeff Jacobson will be replaced by John Visentin. However, Fujifilm has disputed the decision and is reviewing its legal position.

Hobs Group divests MPS arm

Hobs Group has sold Hobs On-Site, its managed print services (MPS) division, to independent IT services business SCC, for an undisclosed sum.

Xerox 'sets record straight' over Icahn comments

Xerox’s board has released an open letter to shareholders in response to what it described as “false and highly irresponsible fearmongering” by Carl Icahn.

Xerox appeals court order

Xerox’s board has launched an appeal against the court order that put a temporary bar on its proposed sale to Fujifilm, in a move that has provoked further outrage from shareholders Darwin Deason and Carl Icahn.

Further twist in Xerox takeover saga

The Xerox-Fujifilm saga has taken yet another twist – Xerox’s board remains in place after the settlement agreement expired yesterday, to the fury of dissident shareholders Darwin Deason and Carl Icahn.

Trinity shareholders approve name change as revenues fall

Trinity Mirror will change its name to Reach next week after shareholders overwhelmingly backed the rebrand at the group’s Annual General Meeting, but sales at the publishing company have continued to slide.

Minuteman King's Lynn acquires apparel company following relocation

Minuteman Press King's Lynn has acquired printed garment company YourWear as part of a franchise-wide initiative to expand into clothing and promotional products.

Xerox CEO Jacobson to step down

Xerox CEO Jeff Jacobson, together with six other board members, has agreed to resign in a move that throws the Fujifilm takeover deal into doubt and could even lead to the termination of long-standing joint venture Fuji Xerox.

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