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​Icahn, Deason to press Xerox changes by working together

( January 22, 2018, 14:39 GMT | Official Statement) -- MLex Summary: Xerox's first and third largest shareholders, Carl Icahn and Darwin Deason, said today they will act in concert to try to get four individuals elected to Xerox's board at this year's annual meeting. The pair, who together own 40 million shares, said the document-technology company should terminate and renegotiate its joint venture with Fujifilm Holdings and disclose agreements governing the venture. They added it should employ new independent advisors to explore strategic alternatives and shareholders should seek to replace the chief executive, Jeff Jacobson. "Old guard directors" avoiding tough decisions must be replaced, Icahn and Deason said. Today's statement follows similar comments from both shareholders last week.The full statement follows. The US securites filing is attached below....

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