TOKYO—Japan’s Fujifilm Holdings Corp. has won an appeal in its legal battles with Xerox Corp., with a New York court overturning preliminary injunctions requested by an activist investor that had blocked their planned merger.
Xerox in May scrapped a $6.1 billion deal with Fujifilm in a settlement with investors Carl Icahn and Darwin Deason that also handed control of the U.S. photocopier giant to new management.
