March 27, according to foreign media reports, Motorola announced this week three, the Board has decided to split the company into two separate listed companies. One of the focus on mobile devices, while another focused on broadband and mobile solutions.
According to current plans, the two independent companies will be tax-free allocation of shares to Motorola stockholders, but also on further financial, tax and legal analysis.
In response, Greg Brown, Motorola's CEO and president, said: "The decision was the company's management, board of directors and an independent consultant to conduct a thorough and extensive assessment made."
Brown also said: "Creating two industry-leading companies will provide greater flexibility, capital structure more simple, more centralized management, as well as more targeted investment opportunities."
In fact, as early as last year, investors Kaeryiken radicalism once said: "Motorola should be split into four companies: a mobile devices company, an enterprise mobility company, a home networking company, a mobile network infrastructure equipment the company. "1 at the end of this year, Motorola has confirmed that the company is considering splitting its handset business unit.
As Motorola's investor Kaeryiken long been dissatisfied with the performance of Motorola. This week, Mr. Icahn to the Motorola in Delaware Chancery Court proceedings, asked for the company and the mobile phone business executives of some of the information, to investigate whether they dereliction of duty.
Divided into two by the impact of news, Motorola shares rose 8%. Week 2, Motorola shares closed 9.76 U.S. dollars per share, compared with a year ago, down about 50%.
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