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(Update) Fujifilm to Fully Own Fuji Xerox, Scrapping Xerox Acquisition Plan

(Update) Fujifilm to Fully Own Fuji Xerox, Scrapping Xerox Acquisition Plan

   Tokyo, Nov. 5 (Jiji Press)--Fujifilm Holdings Corp. <4901> said Tuesday that it will spend 2.3 billion dollars to take full control of Fuji Xerox Co., giving up its attempt to acquire its joint venture partner, U.S. office-equipment giant Xerox Corp.
   The Japanese office- and medical-equipment maker, which owns a 75 pct stake in the joint venture, said it has agreed to acquire the remaining 25 pct held by Xerox this month.

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