Activist investor Carl Icahn has boosted holdings of Xerox Holdings Corp. to 17%, according to a filing late Friday. Icahn bought more than 4 million shares of Xerox, bringing total holdings to nearly 27.5 million shares. Icahn backed Xerox’s takeover plan for HP Inc. HPQ, +0.40%, which HP rebuffed and …
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Warren Buffett says Berkshire Hathaway dumped all of its holdings in the airline sector, painting a grim picture of the industry that has been badly hurt by the COVID-19 pandemic. “I was wrong about that business,” Buffett said, speaking on Saturday in Omaha, Neb., at Berkshire’s annual shareholder meeting, which …
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Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. APO, -4.74% after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business. Expedia EXPE, -4.50% , led by Barry Diller, is expected to hand …
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