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Deason seeks to nominate new Xerox board

Published 02/27/2018, 04:12 AM
Updated 02/27/2018, 04:12 AM
© Reuters.  Deason seeks to nominate new Xerox board
  • Despite missing a deadline for putting forth directors, Darwin Deason is looking to nominate a full slate to Xerox's board (NYSE:XRX).
  • The activist investor argues that it has a right since the current board made a series of significant decisions and disclosures material to stockholders following the deadline.
  • Deason and Carl Icahn, who own 15% of Xerox, are trying to stop a $6.1B takeover from Fujifilm (OTCPK:FUJIY).
  • Now read: Tax Reform Losers: Companies With Deferred Tax Assets


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