xerox
Xerox to slash 15% of workforce in bloodbath that will eliminate 3,000 jobs
Xerox, the IT corporation behind ubiquitous office equipment like scanners and printers, is laying off 15% of its workforce as part of a so-called "reinvention" strategy.
'Father of personal computer' and Sherlock Holmes author list home with secret room for $7M
Computer scientist Alan Kay and novelist Bonnie MacBird have owned this Brentwood residence for more than 30 years, and now seek a new generation of owners.
Xerox CEO dead at 59 after complications from illness
Xerox boss John Visentin has died at age 59 after experiencing complications from an undisclosed “ongoing illness,” the company announced on Wednesday. Xerox officials said that Visentin, the company’s CEO...
Teneo's new chairwoman Ursula Burns a 'longtime pal' of ousted CEO Declan Kelly
Ursula Burns, the first black woman to helm a Fortune 500 company as CEO of Xerox, is the new chairwoman of Teneo — and an old crony of its ousted...
Teneo taps former Xerox CEO as chairwoman after shakeup
A former Teneo client and paid senior advisor, Burns, 62, said she "has a deep understanding of the business" and the "needs of its clients."
Xerox abandons $35B bid for rival HP amid coronavirus pandemic
The coronavirus crisis has forced Xerox to abandon its $35 billion attempt at a hostile takeover of larger rival HP. Xerox is withdrawing its cash-and-stock offer for HP because the...
Xerox says it's going hostile with HP buyout bid
Xerox Corp. said on Tuesday it was planning to take its $33.5 billion buyout bid directly to HP shareholders after the personal computer maker refused to open its books for...
HP rejects $33.5B takeover bid by Xerox
HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox. The Palo Alto, California-based company said Sunday that the cash and stock deal undervalues its...
Carl Icahn, amid push for HP-Xerox merger, reveals stakes in both companies
Billionaire investor Carl Icahn revealed he holds stakes in both HP and Xerox, as he pushes for the two printer giants to merge. Icahn told the Wall Street Journal that...
Xerox considers making $27B offer to buy HP: reports
Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of $27 billion, the Wall Street Journal reported...
Fujifilm lawsuit making it hard for Icahn to find Xerox buyer
Fujifilm’s $1 billion lawsuit against Xerox on Monday makes it harder for Carl Icahn to find another buyer for the copier maker, a source close to the situation told The...
Fujifilm will ask judge to enforce Xerox merger
Fujifilm in the next several days is expected to ask a judge to enforce Xerox’s $6.1 billion merger agreement, The Post has learned. The move comes despite Carl Icahn’s best...
Xerox may be stuck with Fujifilm deal
Carl Icahn may be running out of options in his Xerox play. Fujifilm, the Japanese copier company that signed a deal to buy its US rival for $6.1 billion —...
Ex-Xerox CEO caves to pressure, gives up $18M golden parachute
Xerox’s former boss gave up an $18 million golden parachute this month as he caved to pressure from billionaire Carl Icahn, The Post has learned. Ex-CEO Jeffrey Jacobson resigned on...
Xerox ends Fujifilm deal in win for Carl Icahn
Xerox has called off its transaction agreement with Fujifilm, choosing instead to side with activist investors Carl Icahn and Darwin Deason, the company said Sunday. Under the nixed $6.1 billion...
Carl Icahn wants $40 a share for Xerox
Billionaire Carl Icahn is demanding an all-cash bid of $40 a share for Xerox to end his battle with the company’s board. In a Monday letter, Icahn and fellow activist...
Icahn ally sues to block Fuji-Xerox merger
Xerox shareholder Darwin Deason asked courts on Tuesday to block the company’s merger with Japan’s Fujifilm Holdings, claiming board members at the US photocopier maker had failed in their duty...
Icahn pushing for removal of Xerox chief executive
Billionaire investor Carl Icahn is calling for the removal of Xerox CEO Jeffrey Jacobson as the copier company reportedly seeks a deal with camera company Fujifilm. The Wall Street Journal...
Carl Icahn nominates four directors to Xerox board
Activist investor Carl Icahn has named four nominees to Xerox Corp’s board of directors, the company said on Monday, after a current Icahn-appointed director resigned due to a difference of...
Court aides busted for running photocopy scam
Two Manhattan court workers were busted Thursday for creating a defacto Kinkos pop-up and illegally charging the public for photocopies of legal documents, officials said. Triston Baptiste, 34, and David...