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Deason, Icahn at odds with Fuji Xerox merger News 

Deason, Icahn at odds with Fuji Xerox merger

Investors Carl Icahn and Darwin Deason are opposing the proposed merger of Fuji Xerox and Xerox, detailing in an open letter – reprinted below – their points. Also, Deason filed a lawsuit on February 13 seeking to enjoin the transaction, terminate the Xerox/Fuji joint venture lock-up and joint venture agreements and pursue strategic alternatives for Xerox. Defendants in the suit included... Read More
Carl Icahn and Darwin Deason release joint statement regarding Xerox Corporation News Press releases 

Carl Icahn and Darwin Deason release joint statement regarding Xerox Corporation

NEW YORK, NY–(Marketwired – January 22, 2018) – Today Carl Icahn and Darwin Deason released the following joint statement regarding Xerox Corporation (NYSE: XRX): We are the first and third largest shareholders of Xerox, beneficially owning collectively over 40 million shares of the company’s common stock, constituting over 15% of the outstanding shares. Because we are completely aligned regarding our... Read More
Carl Icahn questioning value of Xerox – Fuji alliance News 

Carl Icahn questioning value of Xerox – Fuji alliance

Famed activist investor Carl Icahn is scrutinizing the long-standing partnership between Xerox and Fujifilm.  Icahn, who is Xerox’s largest shareholder, has questioned capabilities of the companies management and strategy. In an open letter to Xerox shareholders, he has demanded the board be revamped and the dismissal of CEO Jeff Jacobson. “Carl Icahn says Xerox’s joint venture with Fujifilm should be revised or terminated... Read More