Deals
Slow-Footed Xerox Is Deal Bait
Tech laggards need to consider sales before they are cornered.
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Carl Icahn knows what it means to be around awhile, and now he's setting his sights on one of the technology industry's dinosaurs.
Shares of Xerox rose 8.3 percent after hours after the Great Agitator disclosed he had acquired a 7.1 percent stake in the company and planned to talk with management and directors about “improving operational performance and pursuing strategic alternatives.”