Updated: Motorola To Split In Two; Devices and Infrastructure To Trade Separately
By Joseph Weisenthal - Wed 26 Mar 2008 03:08 PM PST
Motorola (NYSE: MOT) says it has commenced a plan to split into two companies, two days after activist investor Carl Icahn chided the company for not updating shareholders on strategic efforts. The business will be separated into two publicly traded entities: Mobile Devices and Broadband & Mobility Solutions.
Update: Check out the rest of today’s coverage on mocoNews.net:
-- Motorola To Split In Two; Devices and Mobility Solutions To Trade Separetely
-- Motorola’s Mobile Devices Spin-off: The Impact On Mobile Content
-- Icahn Questions Motorola Break-Up; Calls The Board A “Country Club”
-- Moto Split Conference Call: Lots To Be Worked Out; Branding Issues; Capitalization
And Motorola’s history in links:
-- Updated: Motorola: Icahn Sues For Documents; Letter Calls Board A ‘Frat’; Compromise Rejected
-- Motorola Confirms Restructuring; May Separate Handset Business
-- Motorola Writes Big Check To Parting Handset Chief
-- Motorola CEO Talks About Phone Division; Sees People, Products And Software Leading Recovery
-- Chinese Handset-Maker ZTE Showing Interest In Motorola
Posted in: Mobile
Tags: motorola
