Xerox buys out Carl Icahn

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Xerox buys out Carl Icahn

what’s next? - Corporate raider, Carl Icahn, has over time, bought controlling interest in Xerox by spending almost $588 million on stock in the company according to Insider Trades newsletter
Xerox announced it will borrow money to pay $542 million to buy all this stock back in a press release
All of Carl Icahn’s staff will resign from the Xerox board of directors
Icahn acquired the shares and stopped Fujifilm from acquiring Xerox in 2018, and attempted to arrange a merger with HP Inc., which failed
The two largest shareholders of Xerox will now be BlackRock and Vanguard Group

10/2/239:23 PM

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Xerox buys out Carl Icahn

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