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Icahn takes stake in HP, pushes for merger with Xerox

By Staff Writer on Nov 15, 2019 6:05AM

Icahn takes stake in HP, pushes for merger with Xerox

Buys US$1.2bn stake in HP Inc in push for computer maker's merger with printer maker.

Activist investor Carl Icahn has bought a US$1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp , arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday. Icahn, who owns a 10.6 ...

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