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Icahn takes stake in Xerox, calls shares ‘undervalued’
November 24, 2015 by publisher · Leave a Comment
The billionaire revealed a 7.13 percent stake in Xerox in a securities filing on Monday, making him the second-largest shareholder of the 109-year-old company. Icahn, who recently took stakes in American International Group and Freeport-McMoran Inc , said he would look at getting representation on Xerox's board, as well as pursuing strategic alternatives. “We are aware that Carl Icahn has
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Icahn takes stake in Xerox, calls shares ‘undervalued’