Deals
Icahn, Deason Open to Bids for Xerox of $40 a Share or More
- Investors repeat call for CEO’s ouster after settlement ended
- Xerox appeals court case won’t be heard until September
Xerox Scraps Fujifilm Deal
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Carl Icahn and Darwin Deason continued their efforts to shake up Xerox Corp., saying they would consider any cash bid for the company of at least $40 a share.
The billionaire investors, in a combative letter to shareholders Monday, again pressed for Chief Executive Officer Jeff Jacobson to resign. They said they couldn’t see another offer materializing before he left.