Wall Street Journal (January 21)
2018/ 01/ 23 by jd in Global News
Carl Icahn the largest investor in Xerox has formed an alliance with billionaire Darwin Deason, the third largest investor, “to encourage the printer and copier giant to explore a potential sale…. The fact that they are working together and own such a big stake is sure to ratchet up the pressure on a company that is grappling with slumping demand as the world becomes more digital—and is already considering a major transaction.” Due to its “strategic importance,” the Fuji Xerox joint venture “would likely be at the center of any review.”
Tags: Alliance, Deason, Demand, Digital, Fuji Xerox, Icahn, Investor, JV, Sale, Strategic, Transaction, Xerox
