New York, New York, January 18, 2018 – Today Carl C. Icahn released the following open letter to the shareholders of Xerox Corporation (NYSE: XRX)
Letters
Read Carl’s open letters which are often addressed to shareholders and CEOs of some of the world’s biggest and most important companies, including Apple. In these incisive letters, Carl addresses issues central to the economy, including Corporate Governance and Shareholder Activism.
We were obviously pleased that you made the wise choice to terminate the Bonanza merger agreement, but we still have grave concerns about many of the things this board of directors has permitted to happen at SandRidge.
In June of last year, we entered into an agreement with Xerox, pursuant to which Jonathan Christodoro, one of our former employees, was appointed as a member of Xerox’s board of directors.
As you are aware, the above-listed entities (the “Icahn Parties”) collectively own 4,818,832 (or approximately 13.5%) of the issued and outstanding shares of common stock
As you know, entities under our control collectively own approximately 13.5% of the issued and outstanding shares of common stock of SandRidge Energy, Inc., making us your largest shareholder.
Today, with President Trump’s blessing, I ceased to act as special advisor to the President on issues relating to regulatory reform. Below is a copy of the letter that I delivered to President Trump confirming this decision.
Almost four years ago, we became shareholders of Herbalife and now have five of our nominees on the Board. We would like to applaud Michael Johnson for doing a superb job
I applaud the SEC for voting to propose amendments to the outmoded proxy rules to require the use of universal proxy cards
This is a classic example of activists working constructively with an existing Board and management.
In an effort to reach peace with UNITE HERE Local 54, on June 30th the Taj agreed to present a proposal that Local 54 President Bob McDevitt outlined and advised us should be supported by the union.
Yesterday we announced that the Taj would close after the Labor Day weekend. This was not an easy decision.
New York, New York, January 19, 2016 – Today Carl C. Icahn released the following open letter to the board of directors of American International Group, Inc. (NYSE: AIG):