Xerox Nemesis Icahn Dumped $31.3 Million Stake in Steel-Related Company (Updated)
Icahn sold his Manitowoc shares for about $32 to $34 each. After Trump’s tartiff announcement, shares of Manitowoc fell to about $26.
Tagged: Xerox
Deason Sues to Replace Xerox Board; New Joint Deason-Icahn Letter
“Hope is not a strategy. We cannot just hope for multiple expansion. We cannot just hope for synergies. We cannot just hope that the massive Fuji Xerox accounting scandal will not result in substantial additional liabilities for Xerox. We cannot just hope that Fuji that will treat us fairly once they are in control of our company.”
Xerox Tells Deason: Forget Nominating Any Board Members
Deason, along with billionaire activist investor Carl Icahn, have sought to derail Xerox’s proposed merger with Fuji Xerox, with Fujifilm of Japan having a controlling 50.1 percent of shares, with current Xerox CEO Jeff Jacobson serving as president of the new company. Xerox shareholders will vote on the proposed merger at an upcoming shareholder meeting in May 2018.
This Week in Imaging: A Closer Look at HP SDS and Financials; Deason Demands Xerox Board Members; More
Last week, we focused on the continuing battle between Xerox leadership and two activist investors, Carl Icahn and Darwin Deason,...
Seeking to Derail Xerox Merger, Deason Demands to Nominate New Directors to Xerox Board
Fuji Xerox is Xerox and Fujifilm’s five-decade-old joint copier/MFP venture that focuses on the Asia-Pacific region, which Icahn and Deason argue has a previously undisclosed “crown jewel” lock-up right that gives Fujifilm control over Xerox’s intellectual property and manufacturing rights in the Asia-Pacific market if Xerox sells a 30-percent stake to another suitor, according to Deason’s lawsuit.
This Week in Imaging: Icahn, Deason Say Sell Xerox to Competitor or PE – But Who Would Buy?
This week, the Xerox-Fuji Xerox merger saga continued with a back-and-forth campaign designed to sway Xerox shareholders to either vote...
Epson Sees 12.2 Percent Growth in Worldwide Printer Shipments
Worldwide market relatively flat, but inkjet sees 3.3 percent shipment growth.
U.S. Government Prioritizes Xerox for Cloud-Based Managed Print Services
Xerox reported today that U.S. federal government agencies can soon hire Xerox knowing its Managed Print Services (MPS) solutions have...
Xerox Responds to Icahn, Deason’s ‘Misguided Campaign’ to Undermine Proposed Fuji Xerox Merger
The two investors published a fifth letter to Xerox shareholders, again seeking to urge them to reject the proposed Fuji Xerox deal.
Icahn, Deason Propose Sale of Xerox to Competitor or Private-Equity Firm
Icahn and Deason determined to prevent sale of Xerox.
This Week in Imaging: Fujifilm Envisions the New Combined Xerox-Fuji Xerox
Fujifilm’s take on the proposed merger.
Xerox Adds Two Midwestern Multi-Brand Dealers
Xerox continues to seek to expand its multi-brand dealer network.
Xerox Responds to Deason Lawsuit that Seeks to Block Merger
Xerox valiantly attempts to defend its moves against outspoken outsiders.
Xerox Launches New MPS Essentials Suite for Channel Partners
Creating account “stickiness” with Managed Print Services.
Deason Files Lawsuit to Block Fujifilm Takeover of Xerox; Xerox Responds to Criticism
Deason says proposed Xerox-Fuji Xerox merger must be “stopped dead in its tracks.”
Icahn, Deason Slam Proposed Fujifilm Takeover of Xerox
These two industry outsiders probably don’t realize that print and copy volumes are still growing in Asia.
You must be logged in to post a comment.