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0.000154249575813745 -0.000154249575813526 -0.000462748727441017 -0.00169674533395032 -0.00848372666975161 -0.00509023600185097 0.00120006169983049 0.0047817368502237
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Icahn, Deason demand Xerox explore strategic options [Reuters (UK)]

XEROX (XRX)  More Company Research Source: Reuters
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF Icahn, Deason demand Xerox explore strategic options | Reuters Reuters Staff 2 Min Read (Reuters) - Hedge fund managers Carl Icahn and Darwin Deason demanded on Monday that Xerox Corp ( XRX.N ) explore strategic alternatives and said they would join forces to elect four new members to the board, prodding the company’s shares higher. Icahn and Deason, who together own over 15 percent of Xerox, last week separately called on Xerox to break off or renegotiate its joint venture with Fujifilm Holdings Corp ( 4901.T ), saying it was unfavorable to the U.S. company. In Monday's letter, Icahn reiterated his demands for a renegotiation or termination of the JV and the replacement of Xerox's Chief Executive Jeff Jacobson. ( bit.ly/2G6b4WO ) The Wall Street Journal reported on Sunday the two investors - respectively the biggest- and the third-biggest shareholders in Xerox - were pushing for it to consider options, including a sale of the firm. Xerox was not immediately available for a comment [Read more]

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