Motorola board readies for possible Icahn fight
Motorola board members have filed a proxy urging shareholders to fight to keep activist investor Carl Icahn from obtaining a seat on the company's board. Icahn has suggested that Motorola could provide more value to shareholders through an aggressive buyback plan, but one analyst points out that the company likely wants to use its cash on hand for future acquisitions.
New York Times, The | 03/06
This story published in USTelecom dailyLead on 03/06/2007
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