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Japan’s Fujifilm to Take Majority Control of Xerox

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Fujifilm Holdings will take a majority stake in Xerox, marking the end of independence for a stalwart of 20th-century American industry as the companies fight sluggish photocopier demand in a digital world.
TOKYO—The American icon Xerox is set to get a new Japanese owner.
Fujifilm Holdings Corp. said Wednesday it would take a majority stake in Xerox Corp., marking the end of independence for a stalwart of 20th-century American industry.
Fujifilm Chief Executive Shigetaka Komori, who kept the Tokyo company alive after the world abandoned film…

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