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According to WSJ, Xerox Corporation (XRX) seeking strategic alternatives

  • January 22, 2018


StockXerox CorporationSymbolXRX
Date Announced01/21/2018Source The Wall Street Journal
TypeNews Report
Date of Confirmation: 01/31/2018Price at Confirmation: $32.68
Potential Profit: 0.12%Annualized Profit: 4.47%

Xerox Corp.’s (XRX) 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.


January 30, 2018: Xerox Corp. (XRX) is nearing a deal with Japan’s Fujifilm Holdings Corp. that would mark the end of the independence of the stalwart of 20th-century American industry.

January 31, 2018:  Japan’s Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox Corp (XRX), saying it needed to overhaul the photocopying business amid a tough market environment.

January 31, 2018: Japan’s Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.