Business

Fujifilm will ask judge to enforce Xerox merger

Fujifilm in the next several days is expected to ask a judge to enforce Xerox’s $6.1 billion merger agreement, The Post has learned.

The move comes despite Carl Icahn’s best efforts to scuttle the deal, sources said.

On Jan. 31, Norwalk, Conn.’s Xerox said it reached a deal to sell 49.9 percent of the company to FujiFilm for roughly $32 a share — a deal that would net Xerox shareholders a $2.5 billion dividend.

After the deal was announced, shareholder activists Icahn (pictured) and Darwin Deason won control of the Xerox board and said they were seeking higher offers.

Xerox, however, has not paid Fujifilm a breakup fee — a move that would signify the deal is off , sources said.

Icahn, after gaining control of Xerox, said that the company was worth $40 a share. Its shares closed Friday at $27.41, down 1.2 percent.

Xerox and Fuji are not presently talking about reworking their deal.

Fuji believes little will change until it makes its position known, a source close to the situation said.

“You won’t have to wait much longer to learn about Fuji’s intentions,” a source said.

Fuji and Icahn did not return calls.