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Icahn sells $40M worth of Xerox as Fujifilm takes over [Seeking Alpha]

XEROX (XRX)  More Company Research Source: Seeking Alpha
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF Icahn sells $40M worth of Xerox as Fujifilm takes overCarl Icahn sold 1.16M shares of Xerox (NYSE:XRX) over the past few days, according to anSEC filing.That came amid the news that Fujifilm was taking majority control of Xerox through its Fuji Xerox venture.Icahn sold 657,502 shares Wednesday for $35.05 each, 499,370 shares on Thursday for $33.76, and 4,532 shares today for $32.50 each, for gross proceeds of just over $40M.But that still leaves Icahn and associates with about 23.6M shares to remain the company's biggest shareholder, Bloomberg says.Xerox sharesfell 3.4% during the regular session, and aredown another 1.4% after hours.Previously:Xerox positive on earnings beat (Jan. 31 2018)Previously:Fujifilm takes majority control of Xerox (Jan. 31 2018)See all stocks on the move »Now read:Pitney Bowes Inc. 2017 Q4 - Results - Earnings Call Slides » [Read more]

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