The billionaire investor's stake is reportedly below the 5% limit that warrants public disclosure.
Japan's Fujifilm will combine the US company into their existing joint venture to gain scale and cut costs amid declining demand for office printing.
The mutually beneficial deal is expected to boost Xerox's legacy business amid waning demand, and help streamline Fujifilm's copier business.
Claire Dixon has been appointed as senior vice-president and chief communications officer.
The iPhone maker's shares cruised to a record high yesterday, helping catapult the S&P 500 stock index over the $20 trillion mark.
Salesforce.com, Disney and Google looked at the company but ultimately passed on buying it.
Warren Buffett's Berkshire Hathaway ups its stake in Apple by 55%, even as prominent investors like Carl Icahn shed theirs.
Michael Dell and Silver Lake Partners may have to pay tens of millions to investors who opposed the deal.
We round up trends from across the globe that had us scratching our heads.
Activist investor Carl Icahn will reportedly get three seats on the board of one of the companies after Xerox splits in two.
Billionaire activist-investor Carl Icahn discloses a stake in Xerox, calling the printer and copier maker's shares "undervalued".
Activist-investor Carl Icahn swapped his entire stake in eBay for the same number of shares in PayPal in the third quarter.