Japan's Fujifilm is set to take over Xerox in a $6.1 billion deal

  • Japan's Fujifilm is set to take over Xerox, and combine the U.S. company into their joint venture Fuji Xerox.
  • Separately, Xerox reported a quarterly loss as tumbling demand for office printing took a toll on its results.
  • Billionaire investors Carl Icahn and Darwin Deason, who collectively hold more than 15 percent of Xerox, had jointly pushed the photocopier pioneer to explore strategic options.