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Icahn Xeroxing the HP breakup playbook for Xerox

Carl Icahn may be stealing a leaf from the Hewlett-Packard breakup playbook. The activist investor has taken a 7.1 percent stake in Xerox, contending the $10 billion copier company is undervalued as more companies perform back-office tasks on computers rather than paper. Like HP, its only option may be to spin off assets, an approach that Icahn seems likely to advocate. Read More...

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