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Stockreport

For sale? Xerox may be taken out of its misery [USA TODAY]

XEROX (XRX)  More Company Research Source: USA TODAY
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF CLOSE World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year. Newslook A undated handout image provided by Xerox showing the company logo and building at Xerox Square, Rochester, NY, USA. (Photo: XEROX / HO, EPA) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Xerox Corp. (NYSE: XRX) has been in deep trouble for years. It did not make the train traveling toward the digital storage and sharing of documents and corporate data. According to rumors in The Wall Street Journal and other media, two large shareholders have begun to pressure the Xerox board to sell the company, which may be the only way Xerox has a viable future. According to the reports, Carl Icahn and Darwin Deason own just over 15% of Xerox shares, which may not be enough to force the board’s hand. Yet, they will use the leverage they apparently h [Read more]

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