Icahn pushes for Xerox-HP merger: WSJ

Industry:    2019-11-14

Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc, 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 here.

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