Icahn takes stake in Xerox, calls shares 'undervalued'
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Icahn to Accelerate Xerox (XRX) Restructuring - Piper Jaffray
November 24, 2015 8:41 AM ESTCarl Icahn disclosed a 7.1% stake in Xerox (NYSE: XRX) Monday evening (11/23), making him the second largest shareholder behind Vanguard. Piper Jaffray analyst, George Tong, believes Icahn's involvement can fast track Xerox's existing strategic realignment actions and serve as a positive catalyst for the shares.... More
