Andy and Julie Plata were asked to share their views on what the print community might expect over the coming year. The following represents their thoughts for 2019. After you read their comments, let us know your thoughts on the topics they noted or any others you feel we should have covered.
Print Plant Cyberattacks: US Newspapers Disrupted. Does That Affect Your Company?
The holiday weekend newspaper cyberattacks blocked access to critical files and articles and print-based software. By paying close attention to the newspaper plant hacks, print professionals can begin protecting their companies. Preventing the cost and lost business...
An American Printer CommentaryAndy & Julie PlataJune 22, 2018
On June 18, Fujifilm files a lawsuit against Xerox for $1 billion+ and hinted at the potential for additional actions by adding text to their suit about suspected SEC disclosure violations by Xerox’s 1st and 3rd largest shareholders, Carl Icahn and Darwin Deason.
Fujifilm Cries “FOUL”
T...
An American Printer CommentaryBy Andy & Julie Plata
Co-CEOs, the OutputLinks Communications Group
Resigned
On May 17, Xerox’s Board Chairman replaced five Board members (plus himself) with new faces. The new Board then appointed John Visentin to replace Jeff Jacobson as CEO.
In most cases when a CEO is fired they are eligible for a severance packag...
An American Printer CommentaryBy Andy & Julie Plata
Co-CEOs, the OutputLinks Communications Group
Many in the print and mail industry may have already met or been involved with Mr. Visentin during his tenure five years ago in a Pitney Bowes spinoff.
Pitney Bowes, Novitex, Exela
In 2012, Pitney Bowes installed a new management team, and one of thei...
An American Printer CommentaryBy Andy & Julie PlataCo-CEOs, the OutputLinks Communications Group
Remember the January Fujifilm announcement that they would be acquiring Xerox in a $0, stock swap, to merge it with their Fuji Xerox company, in which Xerox held a 25% ownership position? Well, the following are a result of the shareholder and court a...
XEROX AND FUJI ARE ‘SWINGING A SHORT STICK HARD’
Two of Xerox’s largest stockholders, Carl Icahn and Darwin Deason, are hotly contesting Fujifilm’ acquisition proposal.
The battle around the Fujifilm/Xerox/Fuji Xerox transaction may negatively affect the public and financial community’s impression of the entire print industry. Print professionals...
An American Printer Commentary
By Andy & Julie Plata, Co-CEOs American Printer
In this, our third Commentary related to the January 31 announcement of Fujifilm’s proposed Xerox takeover, we share actions taken by Xerox’s largest and third largest owners.
Carl Icahn and Darwin Deason together own approximately 15.2% of Xerox. Their Xerox stock wo...
In response to our Commentaries on the Fujifilm’s Xerox buyout, we received two messages from Xerox’s 2 largest Sabre holders related to their opposition to the Fujifilm $0 buyout offer of Xerox.
Read Carl Icahn’s letter to shareholders here.
Xerox’s Response
Read Darwin Deason’s letter and his lawsuit to halt the transaction here.
Xer...
An American Printer Commentary
By Andy & Julie Plata, Co-CEOs American Printer
In our January 31 Commentary on Fujifilm’s proposed Xerox acquisition we stated the following:
Although Xerox was valued at US$8 billion at the close of trade on Tuesday, Fujifilm announced Wednesday that they only paid $6.1 billion for the company. That seems like a bi...