Icahn, Deason suggest monetizing Xerox assets
Apr. 18, 2018 5:49 AM ETXerox Holdings Corporation (XRX)XRX, FUJIF, FUJIYBy: Yoel Minkoff, SA News Editor2 Comments
- Top shareholder duo Carl Icahn and Darwin Deason are at it again with Xerox (NYSE:XRX), suggesting the removal of current management and monetizing the company’s "untapped" intellectual property as opposed to a planned merger with Fujifilm (OTCPK:FUJIY).
- Xerox said the proposal was repeating "prior misleading statements" and "failed to provide a credible or actionable alternative to create value for shareholders."