The Recycler
  • Biuromax Masthead web banner March 2024
  • Katun Masthead Nov 2024
  • G&G Masthead August 2024
  • Ambiente 2025 Masthead

Xerox’s Carl Icahn boosts stake to over 14%

November 6, 2020

Xerox’s shares rose 3.4% in extended trading on the news that Carl Icahn has boosted his stake in Xerox to over 14%.

A 5 November SEC filing show that the activist investor Carl Icahn has raised his stake in Xerox one of the leading printer OEMs to 14.4%, up from a 12.9% stake in September. Xerox’s shares rose 3.4% in extended trading on the news.

Carl Icahn backed the 2019 Xerox bid to take over the market leader, HP Inc.  that was rejected by HP Inc and Xerox then went hostile with the takeover bid before it was abandoned in March this year due to the COVID-19 market turmoil. 

In August The Recycler reported that Xerox launched the “Xerox Everyday Toner” product portfolio targeted at non-Xerox devices, aka their competitors devices. The product range comes with “no exorbitant prices”, “no hidden costs” and according to Xerox“just the confidence of the Xerox brand and solid performance you’ve come to trust”, a new line of printer supplies “that takes a different approach.”

Categories : City News

Tags : Carl Icahn HP SEC Xerox

  • Biuromax Nov 2024 Web Ad
  • G&G web advert October 2024
  • Apex Web ad Nov 2024
  • Static Control June 2022 Big & Bold Ad
  • Ink Tank No Web advert
  • TN Core Nov Web advert
  • IR Italiana Web ad January 2021
  • GM Technology Nov Web Ad
  • Cartridge Web Nov Web Banner
  • Denner Feb 2024 Web Ad
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • Mito Web banner June 2024
  • PCL Nov Web advert
  • denner UK Web Banner Jul 2024
  • CET Web ad December 2023
  • Zhono Web ad March 2024
  • CET Web ad December 2023
  • PCL Nov Web advert
  • denner UK Web Banner Jul 2024
  • Mito Web banner June 2024
  • ITP Web ad January 2021
  • Denner Feb 2024 Web Ad
  • HYB Web banner Jan 2024
  • ITP Web ad January 2021
  • denner UK Web Banner Jul 2024
  • PCL Nov Web advert
  • Zhono Web ad March 2024
  • HYB Web banner Jan 2024
  • Denner Feb 2024 Web Ad
  • Mito Web banner June 2024
  • CET Web ad December 2023

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark