The following appears on marketwatch.com
Activist investor reveals $1.2 billion stake in HP as he encourages union
By CARA LOMBARDO – Activist investor Carl Icahn is pushing for the proposed union of Xerox Holdings Corp. and HP Inc., arguing that a combination of the printer makers could yield big profits for investors.
Icahn, who owns a 10.6% stake in Norwalk, Conn.-based Xerox XRX, +1.68% , told The Wall Street Journal that he also owns a 4.24% stake in HP HPQ, +2.25% , valued at roughly $1.2 billion. His stake in HP, not previously reported, could increase pressure on the printer and personal-computer company to strike a deal.
Click here to read the rest!
SOURCE MarketWatch