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Wednesday, November 13, 2019

Icahn pushes for Xerox-HP merger: WSJ

(Reuters) - Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp (N:XRX) and HP Inc (N:HPQ), arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday.

Icahn, who owns a 10.6% stake in Xerox, has now taken a 4.24% stake in HP, valued at roughly $1.2 billion, the Journal said https://www.wsj.com/articles/carl-icahn-makes-case-for-xerox-hp-union-11573702903?mod=searchresults&page=1&pos=1.

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