Clipmarks

introducing clip-to-blog

The easiest way to blog the interesting things you find on the web.
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Pressing his campaign to break up Motorola (NYSE: MOT), billionaire financier Carl Icahn said he is going to court today to force Motorola management to turn over documents about its struggling Mobile Devices unit.

Icahn, who has said he has a 6.5% stake in Motorola, has argued that Motorola's pieces are worth more than it's whole and favors spinning off the mobile handset operation as a separate company with a new CEO.

Motorola's new CEO Greg Brown has been aggressively moving to shore up the mobile devices unit, which has rapidly been losing market share in recent months. Brown, too, appears to be working to break up Motorola, although on terms set by the current management.

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