Xerox Corp.’s first- and third-biggest investors, billionaires Carl Icahn and Darwin Deason, have formed an alliance and plan to encourage the printer and copier giant to explore a potential sale, according to people familiar with the matter. The two investors, who together control more than 15% of Xerox’s shares, had already been separately calling for changes at the Norwalk, Conn., company on slightly different topics, but this would be the first time either has come out publicly for a potential sale.
Source: Wall Street Journal January 21, 2018 23:26 UTC