Starteepo comments on Xerox’s disappointing third-quarter results
XRX•Starteepo urged Xerox’s board to explore strategic alternatives for XFS and the company, take steps to increase shareholder value, and consider restructuring warrants for a debt-for-equity exchange. It supported Xerox’s suspension of common and preferred dividends.
1. Starteepo’s recommendations
Starteepo called on Xerox’s board to explore strategic alternatives for XFS and the company and to take aggressive steps to increase shareholder value. It supported Xerox’s suspension of common and preferred dividends and said the company had an opportunity to restructure warrants for a debt-for-equity exchange.
