1. What Carl Icahn Told Us Explains Why Xerox Might Merge With Fujifilm

    What Carl Icahn Told Us Explains Why Xerox Might Merge With Fujifilm

    Xerox ( XRX ) is reportedly joining forces with Fujifilm, sending shares of the printer maker surging Thursday 10%. It's not hard to see why Xerox would try to pursue such a path: it would probably mean CEO Jeff Jacobson gets to keep his job...

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    1. Times have changed but not the directors at Xerox that make up the old guard.
    2. The long-tenured members of the board seem to have their heads in the sand just like at Eastman Kodak.
    3. In 2017 alone, we expect to meet or exceed our target of $600 million of gross cost savings, a critical step as we continue our journey to improving our revenue trajectory.
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