Jeff Jacobson

Wednesday is proving to be a busy day for Xerox Corp (NYSE: XRX) and its shareholders. What Happened Xerox's stock was trading lower by more than 5 percent Wednesday morning after activist investors Carl Icahn and Darwin Deason succeeded in ousting CEO Jeff Jacobson and six of the 10 members...

Activist investor Carl Icahn notched a big win after Xerox Corp (NYSE: XRX) said its CEO and most of its board of directors will be stepping down. What Happened Icahn and Darwin Deason, two heavyweight investors and large Xerox shareholders, made it clear they strongly oppose Xerox's proposed...