Motorola’s Best Strategy: Getting Icahn To Buy More (MOT)

Carl Icahn has disclosed in an 13D SEC FILING that he boosted his share ownership in Motorola Inc. (NYSE: MOT). Icahn indicated his ownership of the stake in a notice to nominate four directors to the board sent last week, and he noted that shares are undervalued and that he intends to seek further conversations with the company. It appears that Icahn now holds some 114.2891 Million shares of Motorola stock, which is now roughly 5% of the common stock. Icahn is a very smart and influential investor. But it may take more than forcing a share buyback and a…
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  6 February, 2008| Economy | @ 23:07

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