Think about this for a moment. Carl was brought on “board” and so followed our CEO who Carl brought with him. Eventually they bought our Carl who was known for selling off pieces of companies until nothing was left. I think our CEO is still aligned with him. He alone has sold off everything and anything that was tangible. In all seriousness, what remains owned by Xerox? (Besides debt)
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Well the COO is also ex Icahn Enterprises…
“Prior to joining Xerox, he was deputy
general counsel at Icahn Enterprises, where he was responsible for numerous long-
term strategic initiatives to reposition controlled operating companies leveraging
acquisitions, dispositions and recapitalizations as well as numerous equity and debt
investments in public and private companies”
Nothing. Look at the balance sheet. The big asset is goodwill. Everything has been sold. Looks like the IP wasn’t even good collateral.