May 2, 2018 / 1:56 AM / a month ago

BRIEF-Xerox Reaches Agreement With Carl Icahn And Darwin Deason

May 1 (Reuters) - Xerox Corp:

* XEROX REACHES AGREEMENT WITH CARL ICAHN AND DARWIN DEASON

* SAYS XEROX SETTLES PENDING PROXY CONTEST AND LITIGATION; NO EFFECT ON PENDING CLAIMS AGAINST FUJIFILM

* JOHN VISENTIN TO BE NAMED VICE CHAIRMAN AND CHIEF EXECUTIVE OFFICER

* SAYS NEW BOARD TO MEET IMMEDIATELY TO DISCUSS STRATEGIC ALTERNATIVES

* SAYS KEITH COZZA OF ICAHN ENTERPRISES TO BE NAMED CHAIRMAN

* SAYS XEROX WILL APPOINT SIX NEW MEMBERS TO ITS BOARD OF DIRECTORS

* AGREEMENT WILL AUTOMATICALLY TERMINATE IF COURT DOES NOT ACT BEFORE 8:00 P.M. ET ON MAY 3, 2018

* SAYS JEFF JACOBSON WILL RESIGN AS CHIEF EXECUTIVE OFFICER OF XEROX AND AS A MEMBER OF ITS BOARD OF DIRECTORS Source text for Eikon: Further company coverage:

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