Xerox defended its deal with Fujifilm in a letter to shareholders a day after activist investor Carl Icahn said he would vote against the merger.
Activist investors Carl Icahn and Darwin Deason urge shareholders to oppose $6 billion Xerox's plan to sell itself to Japan's Fujifilm. Aleksandra Michalska reports.
Carl Icahn and Darwin Deason are a couple of seasoned billionaire investors, who know a bad deal when they see it, and they definitely don’t like the $6.1 billion deal announced last month to combine Fuji with Xerox. In a blog post published today, they are urging fellow shareholders to reject the offer. Show More Summary
Billionaire investor Carl Icahn told CNBC that the selloff in stocks exposed issues with passive investment products. "Passive investing is the bubble right now, and that's a great danger," he said. The recent drop in stocks is "just...Show More Summary
Billionaire investor Carl Icahn spoke to CNBC via telephone this morning and had some very ominous warnings after what he has seen in the last few days. Reflecting on the market's moves recently, Icahn shocked the anchors by saying: "This is something we've never seen before... Show More Summary
Former Trump economic adviser Carl Icahn, who last November was slapped with a subpoena from the U.S. Attorney’s office in the Southern District of New York related to his work influencing Trump administration energy policy, sounded the alarm on Tuesday about the health of global financial markets....
In a letter made public Monday, billionaires Carl Icahn and Darwin Deason wrote, ‘Every day that the ’old guard’ remains in power—feebly overseeing the company’s steady decline—is a waste of time.’
Shares of Xerox climbed on Monday before the bell after news that activist investors are pushing for a potential sale of the 111-year-old company. Billionaires Carl Icahn and Darwin Deason, who are Xerox's biggest and third-biggest shareholders respectively, have banded together to push for the change, according to the Wall Street Journal. Show More Summary
Welcome to the haters club, Darwin Deason.
Two people, in fact, who he will identify at a later date.
Carl Icahn is the latest investment legend to weigh in on bitcoin. He told CNBC it is similar to a bubble involving swamp land hugging the Mississippi River. The Mississippi Bubble was brought on by John Law, a Scottish adventurer, in...Show More Summary
And all he needed was a publicly traded company to savage.
Filings from Carl Icahn's Icahn Capital showed the fund sold some of its AIG and Freeport McMoRan stake.
Federal investigators are reportedly probing billionaire Carl Icahn's advisory role to Donald Trump's White House.
Rachel Maddow reports that federal prosecutors have sent a subpoena to the company of Donald Trump's former special advisor on regulatory affairs, Carl Icahn...
One of the billionaire’s companies was subpoenaed about his work on ethanol regulations, which could have benefited an oil refiner he partly owns.
How badly did the Ack-Man need this inevitable piece of news?