Subject: BREAKING: Icahn Deal Expires, Xerox CEO and Board Fight On

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May 4, 2018

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You Can't Make This Sh@t Up!

Just when it looked like Icahn and Deason had finally won, chasing Jacobson from Xerox and replacing the board, the deal has expired.

According to Xerox's press release just issued, "the current board and management team will remain in place."

Icahn and Deason have already responded with their own open letter to Xerox shareholders making it clear that they are not done trying to replace Jacobson and the current board. 

According to Xerox, Deason did not meet the terms of the agreement that would have replaced the board and CEO when he did not discontinue his own litigation with Xerox.

Jacobson is still CEO and he and the board look to fight on. 


Jillian Ride Update

A busy week, with several OEMs stepping up to help The Patriots Pack and The Ride for Jillian.

Panasonic, Sharp and Xerox have all committed tens of thousands of dollars collectively to help The Jillian Fund, an incredible charity started by Ricoh's George Gorman in honor of his daughter Jillian.  



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