Icahn Seeks Board Seat at Motorola
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Carl C. Icahn, who has made a career of agitating for change at large companies, wants Motorola to use its $10.5 billion cash pile toward a huge buyback of shares.
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Dell Inc.  said on Friday it hired the head of Motorola Inc.'s  mobile phone unit to oversee a new global consumer division, making him the second high-profile executive hired since Michael Dell returned as CEO to the company he founded.
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After shooing away Oracle Corp.'s $6.7 billion takeover bid, business software maker BEA Systems Inc. dug in its heels for a potentially disruptive battle with its largest shareholder, activist investor Carl Icahn.
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Wall Street financier Carl Icahn on Wednesday reaffirmed his offer to acquire the remaining shares of Mylan Laboratories Inc.  he did not already own for &#36;4.9 billion.
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Dell Inc.  said on Friday  it hired the head of Motorola Inc.'s  mobile phone unit  to oversee a new global consumer division, making him the  second high-profile executive hired since Michael Dell returned  as CEO to the company he founded.
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Reckson Associates Realty Corp. , a New York area office landlord, on Friday again asked a group formed by billionaire Carl Icahn and real estate magnate Harry Macklowe for additional information concerning their proposed plan to buy Reckson.
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Billionaire financier Carl Icahn charged ahead on Monday with a $49 per share offer for New York office landlord Reckson Associates Realty Corp.  although his two partners withdrew from the bidding.
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In an extraordinary public admission Thursday afternoon, Motorola CEO Greg Brown issued a statement saying his company is indeed considering ways to restructure its mobile devices and services business.
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Motorola Inc.  said on Tuesday that billionaire investor Carl Icahn will seek a seat on the board and has taken a 1.4 percent stake in the company, pushing the cell phone maker's shares up more than 6 percent.
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Billionaire activist investor Carl Icahn on Friday called for the sale of BEA Systems Inc., a business software maker whose stock price has sagged with the growth in open-source software and under pressure from larger competitors such as IBM Corp. and Oracle Corp.
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Investor Carl C. Icahn will not seek to remove the six board members unless shareholders approve one of his own nominees.
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InfoWorld - The day after&#160;announcing that 4,000 employees will be laid off, Motorola CEO Ed Zander told investors that he plans to boost profits with a wide range of multimedia handsets instead of relying on a single blockbuster product like the Razr cell phone.
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Billionaire investor Carl Icahn and a group of investors are opposing yet another corporate takeover. The investors, led by Icahn, have accumulated a 7 percent stake in Mylan Laboratories Inc.
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Blog: A board member says a BusinessWeek story claiming that the mobile-phone maker's board is looking to replace its chief executive is wrong.
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NEW YORK/BOSTON  - Billionaire investor Carl Icahn said on Tuesday he will seek a seat on Motorola Inc.'s  board and has taken a stake in the mobile phone maker, aiming to convince it to do a big share buyback.
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Comments suggest that Motorola may stand up to Carl C. Icahn as he presses the chief executive to use $11.2 billion in cash to buy back stock and reward investors.
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New Motorola Inc. CEO Greg Brown doesn't have the secret weapon his predecessor Ed Zander possessed when he arrived at the cell phone maker four years ago Â the Razr. But that could be a good thing Â if Brown, who took over Tuesday as chief executive, applies lessons learned from Motorola's nasty fall last year.