Xerox Takes on $555 Million Loan to Buy Out Icahn


On October 2, Xerox Corporation filed a Form 8-K with the Securities and Exchange Commission (SEC) revealing it obtained a $555 million loan from Jefferies Finance LLC to enable it to buy back all the Xerox shares belonging to Carl Icahn who was, until recently, Xerox’s biggest shareholder. On September 28, Xerox announced it would

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