Xerox Executives Stay Put as Settlement With Carl Icahn ExpiresBy
The leaders of Xerox, who looked to be on their way out just two days ago, may not be going anywhere just yet.
The embattled office equipment company said late Thursday that a settlement it reached earlier this week with unhappy shareholders would not go into effect because a key deadline had been missed. That settlement had called for the replacement of Jeff Jacobson, the company’s chief executive, and a majority of its board of directors…
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