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Xerox

A woman who is known for her philanthropic activities in the Rochester area as well as her connection to the founder of Xerox has died.

Catherine Breslin Carlson was 91. Her friends say she died peacefully on Thursday morning.

Catherine Carlson was originally from Milton, Massachusetts, and moved to Rochester in 1969. She graduated from Boston University with a degree in philosophy, and after graduation embarked on a business career, including assisting the head of Leahy Clinic, working on staff with boat builder George O'Day, traveling for Connecticut General Insurance Company, and serving as registrar and development officer at Tufts University School of Dental Medicine.

While in Boston, Catherine met Rochester inventor Chester Carlson and his wife Dorris, and when traveling to Rochester on business, she often stayed at the Carlson home.

Chester Carlson developed the Xerographic process, which eventually led to the founding of the Xerox Corporation.

After Chester Carlson died in 1968, Dorris invited Catherine to assist her and continue Dorris and Chester's philanthropic work and support of spiritual interests. When Dorris died in 1998, Catherine became  Chair of the Chester and Dorris Carlson Charitable Trust.

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Plus, we gear you up for a significant Xerox shareholders meeting, especially after the company went through major management changes this past spring.

Xerox reported 2nd quarter earnings on Thursday morning, the first earnings report for the new CEO who had something to say about the company’s overall future.

John Visentin was appointed this past Spring, after sweeping management changes pushed by activist investors Carl Icahn and Darwin Deason.

Caitlin Whyte / WXXI News

The former Xerox Tower building is now officially on the market.  The company's lease of that 30-story building ended on June 30th, and the remaining Xerox employees who had been working there have all been moved to the company's Webster campus.

On Monday, workers were removing the Xerox name and logo off that iconic building.  The 30-story building is the tallest in Rochester, and one of the tallest in New York State outside of New York City.

In recent months, Xerox employees had only occupied about half of the building which is now owned by Buckingham Properties.

Xerox is firing back with a strongly worded letter after it was reported last week that Fuji is suing Xerox for more than a billion dollars.

That’s after Xerox backed out of a proposed merger between the two companies that would have seen Fuji take majority control of Xerox.

On Monday, Xerox’s new CEO, John Visentin, who was named to that post in May, released a letter he sent to Fuji Chairman Shigetaka Komori in which he calls the lawsuit a “desperate and misguided negotiating ploy to save their takeover attempt.”

Xerox

Xerox has named Steve Bandrowczak  as President and Chief Operating Officer. Those positions were not filled previously.

Bandrowczak will be responsible for developing and executing a global operations strategy for the company.  Recently appointed CEO John Visentin says that Bandrowczak, “brings a track record of growing businesses and enhancing competitiveness through a combination of innovation, technology and operational rigor.”

www.fujifilmholdings.com

Fuji is suing Xerox  after that company backed out of a proposed merger.

Fuji had reached a deal in January with Xerox to take majority control of that company. But Xerox scrapped the deal last month in a settlement with activist investors Carl Icahn and Darwin Deason.

In May, Xerox also announced a new CEO and several new board members as part of that settlement.

Icahn and Deason have opposed the Fuji takeover, saying that it undervalues Xerox. But they have indicated they would consider a better offer.

www.fujifilmholdings.com

Fujifilm Holdings says the company may consider giving up its proposed $6.1 billion merger with Xerox if there is no progress on talks with the company within the next several months.

www.fujifilmholdings.com

Fujifilm is planning to sue Xerox soon over the company’s decision to pull out of a $6.1 billion deal that would have seen Fuji take over control of Xerox.

Emily Hunt / for WXXI News

Xerox has been through some tumultuous times in recent weeks with questions over who will end up controlling the company. And with the recent announcement there will be a new CEO and several new board members, a retirees group is wondering what it will mean for their members.

David Coriale is president of the Association of Retired Xerox Employees, a national group which represents some Xerox retirees across the country.  He says there are about 10,000 Xerox retirees in the Rochester area.

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