Carl Icahn Joins Darwin Deason in Push for CEO Exit at Xerox

Billionaire investor Carl Icahn is calling for the removal of Xerox CEO Jeffrey Jacobson as the copier company reportedly seeks a deal with camera company Fujifilm.The Wall Street Journal reported last week that the two companies are in talks for a potential deal. Icahn, along with Dallas billionaire Darwin Deason, said Monday they don't trust Jacobson to lead the potential negotiations."He is neither qualified nor capable of successfully running this company, let alone negotiating a major strategic transaction that will do more than save his own job," Icahn and Deason wrote in a letter to Xerox's board of directors.Deason, who sold his Affiliated Computer Services firm to Xerox in 2010 for $6.4 billion, is Xerox's No. 3 shareholder, owning more than 6 percent of the company. Deason went public last week with his displeasure over a deal with Fujifilm.  Continue reading...

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