27 March 2019
Xerox Sale or Breakup Speculation
ROCHESTER, NY—
Considered front runner
Considered front runner
 Xerox may be getting ready  for sale. Speculation is growing in the financial community .This  after  Xerox said it will be converted into a subsidiary owned by a newly created holding company.  This will make it easier to sell  Xerox as a whole or by divisions . Xerox  has already has said  that it will  sell its leasing unit. The company  will  also be  outsourcing some administrative and support functions. Hewlett Packard ( HP) in 2017  had  expressed interest in Xerox.
Still a possible deal
Still a possible deal
This was  before the scuttled Xerox-Fujiflm merge. HP could end up with Xerox, or at least major  divisions.  It would   not  include the leasing division . One  thing that may scare HP away is Fujifilm’s  $1 billion lawsuit against Xerox  for breaking its acquisition deal, which is going ahead. There may  be a small chance that , that a deal  with Fujifilm can still be worked out. Carl Icahn one of Xerox's largest share holders is known for breaking up companies in order to get his money out. 
One result is that its Xerox's share price, as of March, is $32.75 – up from a low of $19 per share last  December.
 
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