Motorola to Break Into 2 Companies
March 26, 2008 By ASHLEY M. HEHER, AP Business Writer
Motorola cell phones are displayed in a New York store on Wednesday, March 26, 2008. Motorola Inc. announced plans to separate its struggling handset business from other operations Wednesday, forming two separate publicly traded companies after months of agitation from frustrated investors. (AP Photo/Mark Lennihan)
(AP) -- Motorola Inc. bowed to pressure from investors Wednesday, announcing a plan to split its struggling cell phone business from other operations to form two separate publicly traded companies.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
Similar stories from PHYSorg:
Social networking changing the way we travel
20 hours ago |
not rated yet |
0
Stern's threat to quit Sirius could be empty talk
Dec 21, 2009 |
not rated yet |
0
What's in health care proposals for 5 Americans
Dec 20, 2009 |
not rated yet |
8
Obama hails 60th Senate vote for health care
Dec 19, 2009 |
2.3 / 5 (3) |
8
Google out to shake up the smart-phone industry
Dec 17, 2009 |
not rated yet |
0


