Icahn smell money! Corporate raider grabs $1.2bn of HP stock to push for Xerox merger

Icahn smell money! Corporate raider grabs $1.2bn of HP stock to push for Xerox merger

5 years ago
Anonymous $xdcOWPpsb_

https://www.theregister.co.uk/2019/11/14/corporate_raider_carl_icahn_grabs_12bn_of_hp_stock_pushes_for_merger_with_xerox/

It was only a matter of time before Carl Icahn got involved in the developing story that is HP and Xerox's marriage. The IT industry's biggest, baddest corporate raider is using his $1.2bn stake in HP to push for nuptials.

At least this is the view today expressed by the Wall Street Journal, which was told by the activist investor, who already owns a 10.6 per cent stockholding in Xerox, that he's also got a 4.24 per cent chunk of HP stock.

Icahn smell money! Corporate raider grabs $1.2bn of HP stock to push for Xerox merger

Nov 14, 2019, 11:27am UTC
https://www.theregister.co.uk/2019/11/14/corporate_raider_carl_icahn_grabs_12bn_of_hp_stock_pushes_for_merger_with_xerox/ > It was only a matter of time before Carl Icahn got involved in the developing story that is HP and Xerox's marriage. The IT industry's biggest, baddest corporate raider is using his $1.2bn stake in HP to push for nuptials. > At least this is the view today expressed by the Wall Street Journal, which was told by the activist investor, who already owns a 10.6 per cent stockholding in Xerox, that he's also got a 4.24 per cent chunk of HP stock.