Xerox shares fell 9% to $1.52 after investor Starteepo Sicav, holding 7.34%, called for a strategic alternatives review that could include a sale of the whole company. The fund plans to intensify talks with management after weak third-quarter results and reduced guidance. Xerox also cut its full-year outlook and extended maturities on $174 million of senior notes. Starteepo reiterated a potential value of $18 per share.
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