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Icahn Threatens To Withdraw Interest In Motorola(InvesTrend Via Thomson Dialog NewsEdge) October 15, 2007 (FinancialWire) billionaire investor Carl Icahn said that continued problems for mobile phone maker Motorola (NYSE: MOT) may lead him to withdraw his interest in the company. Icahn owns about 2% of Motorola's outstanding shares. Motorola has lost market share recently to rivals including Nokia (NYSE: NOK) as its flagship Razr phone has become less popular and less expensive for consumers. The hedge fund manager failed in May to become elected onto the company's board of directors. For up-to-the-minute news, features and links click on http://www.FinancialWire.net FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation from any company for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp For a free annual report on a company mentioned in the news, please click on http://investrend.ar.wilink.com/?level=279 To become an investor monitor of independent research for a company in which you are invested, go to the not-for-profit Shareholders Research Alliance, Inc. website by clicking on http://www.shareholdersresearch.com/ The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: http://www.investrend.com/XmlFeeds?level=268 (Distributed for Investrend Communications, Inc. via M2 Communications Ltd (www.m2.com)) Copyright 2007 M2 Communications Ltd. |
