by stefanie | May 11, 2018 | Around the Industry
In the latest of a series of open missives to shareholders published on Carl Icahn’s official website, Icahn and fellow shareholder Darwin Deason have heaped scorn on the latest open letter penned by Xerox’s Board. In the letter released on Xerox’s company site, the...
by stefanie | May 9, 2018 | Around the Industry
The OEM has published an open letter to its shareholders, responding to the recent developments in its “ongoing disagreement” with Carl Icahn and Darwin Deason, and stressing its dedication to maximising value “for all shareholders.” In the letter, Xerox cites its two...
by stefanie | May 8, 2018 | Around the Industry
With every day seeming to bring a fresh twist in this increasingly complex tale, developments are coming thick and fast, among them the filing of an appeal by Xerox and new open letters published by Deason and Icahn. Very briefly, at the beginning of May 2018, it...
by stefanie | May 4, 2018 | Around the Industry
In the latest twist to the Xerox tale, the OEM has announced that the settlement agreement it made earlier this week with Icahn and Deason has now expired. Developments in the Xerox case have come thick and fast over the last few days, from a court ruling that...
by stefanie | May 3, 2018 | Around the Industry
In a remarkable volte-face, the OEM’s CEO and 6 other board members are being replaced, putting its proposed Fujifilm deal in jeopardy. As CNBC reports, Xerox has announced that CEO Jeff Jacobson and 6 other board members are stepping down, in order to “settle a suit...
