Billionaire asks for seat on Motorola's board
Posted Jan 31st 2007 10:23AM by Brian White
Filed under: Cellular, Business

Carl Icahn -- a financier who likes to get involved with companies he tries to "fix" -- has bought about 1.4% of Motorola's stock and
has requested a seat on the board of directors.
There are many guesses that say Icahn
wants to split Motorola up into component pieces (like any bullheaded financier) based on lackluster results from its last quarter.
Motorola, though, has has great results in recent years with a stock price that has done well. So, what's Icahn's beef here?
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1. look at the Moto numbers. if you are familiar w/ them, you'll know that even though their sales numbers are going up, because of price slashing, their profit margin are hitting incredible lows.
Posted at 1:13AM on Feb 13th 2007 by simba