Icahn pushes for HP-Xerox union and reveals he has a stake on both sides
Xerox's bid for HP was confirmed last week
Activist investor Carl Icahn has confirmed speculation that he hold a stake in HP, claiming that a merger with Xerox is the best way forward for both vendors. In an interview The Wall Street Journal, Icahn revealed for the first time that he holds 4.24 per cent worth of HP stock, below the five per cent that would have required him to disclose his position, alongside a previously disclosed 10.6 per cent stake in Xerox. Icahn believes that it is in the best interests of both companies to join...
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