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Thursday, March 27, 2008

Motorola /2

Motorola announces that the company will split into two separate companies.

Motorola Commences Process to Create Two Independent, Industry-Leading Companies Separate Publicly-Traded Mobile Devices Business and Broadband & Mobility Solutions Business Anticipated Company to Host Conference Call Today at 8:30 am ET SCHAUMBURG, IL – March 26, 2008 – Motorola, Inc. (NYSE: MOT) today announced that the Company’s Board of Directors has commenced a process to create two independent, publicly-traded companies. Today’s decision follows the Company’s January 31, 2008 announced evaluation of the structural and strategic realignment of its businesses and represents affirmative steps to position its Mobile Devices and Broadband & Mobility Solutions businesses for success, while creating value for all Motorola shareholders.
Full Press Release


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