Deals
Xerox Investor Darwin Deason Wants Auction ASAP, Talking to PE Firms
- Deason says deal has everything, like a ‘big mystery novel’
- Investor says cutting a new deal with Fuji could be best
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Xerox Corp. investors Darwin Deason and Carl Icahn want to start an auction for the embattled printer company as soon as possible, and have already had talks with several private equity firms about a potential deal.
In an exclusive interview on Bloomberg TV, Deason said that the company’s new chief executive officer, John Visentin, is going to immediately start the auction for Xerox “to make sure anyone who has any interest in buying this company has the opportunity to look at it and has a fair opportunity to look at it -- including Fuji.”