Sep 2, 2010 4:28 PM
Carl Icahn is not being conservative about his opinion that Motorola (NYSE: MOT) will be a more valuable company once it has been split into two publicly held entities. Rather, the shareholder-activist billionaire, who has been investing in the handset-maker since 2007, has bet an additional $111 million into the…
Posted In: Companies, Motorola, carl icahn
Aug 5, 2010 12:20 PM
Billionaire and investor activist Carl Icahn, who was quick to offer his opinions during Motorola’s restructuring, has increased his stake in the phonemaker to become the company’s largest shareholder. AP reports that Icahn purchased 10.2 million common shares this week to up his stake to almost 10 percent from 8.75…
Posted In: Companies, Motorola, carl icahn
May 10, 2010 4:51 PM
Carl Icahn, the shareholder activist who has raised hell on boards including Yahoo (NSDQ: YHOO) and Lions Gate Entertainment, has increased his stake in Motorola (NYSE: MOT) to 8.75 percent. The Wall Street Journal reports that his interest is likely a sign of confidence in the mobile phone and wireless…
Posted In: Companies, Motorola, carl icahn
May 7, 2008 7:01 AM
Activist investor Carl Icahn has raised his stake in Motorola (NYSE: MOT) to 7.6 percent from 6.4 percent according to and SEC filing on Wednesday, reports Reuters. Icahn and affiliates bought 172.2 million Motorola shares for a total price of $2.36 billion, including commissions. The news comes just weeks after…
Posted In: Money, Companies, Apple, Motorola, carl icahn
Apr 24, 2008 9:26 AM
How much does Motorola (NYSE: MOT) management hate Carl Icahn? USAToday has a lengthy interview with CEO Greg Brown over all the usual talking points. Yes, the handset division is fixable and yes, we are in the process of fixing it. Operational efficiencies have been introduced, and autonomy given back…
Posted In: Companies, Motorola, carl icahn
Apr 7, 2008 8:45 AM
In what may be a bid to keep their dirty laundry in house, Motorola (NYSE: MOT) has struck a deal with Carl Icahn in which his handpicked candidates—William R. Hambrecht founder, chairman and chief executive officer of WR Hambrecht + Co. and co-founder of Hambrecht & Quist, and Keith Meister,…
Posted In: Companies, Motorola, carl icahn, keith meister, william r. hambrecht
Mar 26, 2008 4:40 PM
Carl Icahn, the activist Motorola (NYSE: MOT) shareholder, who is embroiled in a proxy battle with the company, sent a letter to the board of directors today, asking why the spin-off of the mobile devices group is only coming after he maintained pressure on the board, and why it will…
Posted In: Companies, Motorola, carl icahn
Mar 10, 2008 10:56 AM
Activist investor Carl Icahn, who poured about $100 million into Motricity last year, said that he now questions the decision following the news that Motricity will layoff 250 of its 600 employees and move to Washington state to be closer to its InfoSpace (NSDQ: INSP) acquisition, according to LocalTechWire.com. Icahn…
Posted In: Companies, InfoSpace, carl icahn, motricity
Oct 15, 2007 8:28 PM
Following this morning’s news that Motricity is buying InfoSpace’s mobile services business, comes the expected news on its funding: it is putting the finishing touches on a $185 million round of private funding, reports TechConfidential. Leading the roundare financier Carl Icahn and investment bank Advanced Equities, which previously invested in…
Posted In: Money, M&A & Venture Capital, Companies, InfoSpace, carl icahn, motricity
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