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UPDATE 3-Icahn takes stake in Xerox, calls shares 'undervalued'

Nov 23 Activist investor Carl Icahn disclosed a stake in Xerox Corp and called the printer and copier maker's shares "undervalued," sending the stock up 7.6 percent in extended trade. The billionaire revealed a 7.13 percent stake in Xerox in a securities filing on Monday, making him the second-largest shareholder of the 109-year-old company. Read More...

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