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Components & Peripherals News

5 Things You Need To Know About Carl Icahn's Battle To Derail Xerox-Fuji Deal

O’Ryan Johnson

Other Buyers Are 'Waiting In The Wings'

Icahn said buyers for Xerox exist and he is willing to entertain all-cash offers of $40 per share. But he said shareholders will not reap this windfall until the "lame duck" board and CEO release their "death grip" on Xerox.

"We are aware of the market speculation regarding a rival bid by Apollo and we are confident that other potential buyers are waiting in the wings to kick the tires," he said. "To put to rest the speculation regarding our intentions, we are comfortable stating that an all-cash bid at a minimum of $40 per share, would require our serious consideration."

 
O’Ryan Johnson

O’Ryan Johnson is a veteran news reporter. He covers the data center beat for CRN and hopes to hear from channel partners about how he can improve his coverage and write the stories they want to read. He can be reached at ojohnson@thechannelcompany.com..

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