I could not post this in the news section but if you want to move it there please feel free to do so.
Motorola says will split in 2 in early 2011
2010-02-11 17:03:00 PST , , — (02-11) 17:03 PST , (AP) --
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone and television set-top box products, and the other holding divisions that target business customers.
The split will give current shareholders a share in each new company, which will be roughly the same size in terms of annual revenue at $11 billion. Both halves will be publicly traded.
Motorola says will split in 2 in early 2011
2010-02-11 17:03:00 PST , , — (02-11) 17:03 PST , (AP) --
Struggling technology company Motorola Inc. said Thursday it plans to split in two in early 2011 — with one half containing its consumer-focused mobile phone and television set-top box products, and the other holding divisions that target business customers.
The split will give current shareholders a share in each new company, which will be roughly the same size in terms of annual revenue at $11 billion. Both halves will be publicly traded.
Last edited by a moderator: