Motorola, Inc.
(NYSE: MOT) today announced that the Company's Board of Directors has
commenced a process to create two independent, publicly-traded companies.
Today's decision follows the Company's January 31, 2008 announced
evaluation of the structural and strategic realignment of its businesses
and represents affirmative steps to position its Mobile Devices and
Broadband & Mobility Solutions businesses for success, while creating value
for all Motorola shareholders."Our decision to separate our Mobile Devices and Broadband & Mobility
Solutions businesses follows a review process undertaken by our management
team and Board of Directors, together with independent advisors," said Greg
Brown, Motorola's president and chief executive officer. "Creating two
industry-leading companies will provide improved flexibility, ... (
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