Motorola to Break Into 2 Companies

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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 o ...
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.


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All News summaries for March 26, 2008