×
0.000670915800067077 0 -0.00335457900033551 -0.00335457900033551 -0.00301912110030191 0.00117410265011741 0.0134183160013418 0.0103991949010399
Stockreport

Icahn, Deason Say Fuji's Xerox Takeover Undervalues Company [Bloomberg Business News]

XEROX (XRX)  More Company Research Source: Bloomberg Business News
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF By Scott Deveau Carl Icahn and Darwin Deason have come out against Xerox Corp. ’s plans to cede control to Fujifilm Holding Corp. , arguing the deal “dramatically undervalues” the company. “To put it simply, the current board of directors has overseen the systematic destruction of Xerox, and, unless we do something, this latest Fuji scheme will be the company’s final death knell,” the two Xerox investors said in a letter to shareholders Monday. Icahn is Xerox’s second-largest holder with about 9.2 percent of the company’s stock, according to data compiled by Bloomberg. Deason holds about 3.4 percent, the data show. Xerox, the once-iconic American innovator that became synonymous with office copy machines, agreed last month to cede control to Japan’s Fujifilm. Under terms of the deal, Xerox would first merge with a joint venture the company operates with Fujifilm in Asia. Fujifilm would ultimately end up owning [Read more]

IMPACT SNAPSHOT EVENT TIME: XRX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
XRX alerts
from News Quantified