Feb 01

Motorola Confirms Receipt of Notice of Nomination from Carl Icahn Entities

Motorola Confirms Receipt of Notice of Nomination from Carl Icahn Entities

SCHAUMBURG, Ill. – Feb 01, `08 – Motorola confirmed receipt of notice from Carl Icahn announcing his intent to nominate a slate of four directors to stand for election at the Company’s 2008 Annual Meeting of Stockholders. The Company has not yet scheduled its 2008 Annual Meeting.

Motorola is currently reviewing the notice.

The notice states that the Carl Icahn entities may be deemed to beneficially own, in the aggregate, 114,289,100 shares of Motorola common stock, representing approximately 5% of Motorola’s outstanding shares. More ta Motorola.

Related:

Motorola Considers Breakup, Phone Unit Sale

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