Motorola To Split In Two; Devices and Mobility Solutions To Trade Separetely
This story was written by Joseph Weisenthal.
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. More at our sister site mocoNews.net.
By Joseph Weisenthal