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Xerox Corp (XRX) Reportedly Hires Goldman To Explore Strategic Options

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Mark Melin
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Carl Icahn may be getting his wish, if Deal Reporter rumors are correct about Xerox.

Xerox reportedly picks Goldman for strategic review process

Citing unnamed sources, the niche financial publication Deal Reporter says Xerox has selected Goldman Sachs to assist in a strategic review process, assumed to be correlated with a merger or acquisition deal and complementing previous statements made by the company.

Just last week Icahn announced he was upping his stake in Xerox to 8.1 percent. Valuewalk had reported on November 24 that Icahn had taken a 7.2 percent stake, citing a 13D filing with the Securities and Exchange Commission.

At that time Icahn stated he thought Xerox shares were “undervalued” and that he intended to explore with the board of...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.