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Investor Carl Icahn has expanded his investment in Norwalk-headquartered Xerox Holdings Corp.
According to a report in InvestorPlace, Icahn purchased 1.34 million shares at an average price of $16.96 per share on April 22, an amount totaling $22.83 million. Three days later, he acquired another 783,900 shares at an average price of $17.17 per share, an amount toaling $13.45 million.
With these purchases, Icahn expands his dominance as Xerox”™s largest shareholder with holdings of 34.24 million shares, or 22.11% of all shares outstanding.
