Billionaire investor Carl Icahn is continuing to buy up shares of Motorola Inc., disclosing his second batch of purchases in a week. Get the full story »
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Icahn buys more Motorola shares, has 10.6% stake
Activist investor Carl Icahn has upped his stake in Schaumburg-based Motorola Inc. to about 10.6 percent from a 9.99 stake he disclosed earlier this month, according to a filing with the U.S. Securities and Exchange Commission. Get the full story »
Carl Icahn raises stake in Motorola to 9.99%
Activist investor Carl Icahn has raised his stake in Schaumburg-based Motorola Inc. to 9.99 percent, according to a Friday filing with the U.S. Securities and Exchange Commission.
Icahn and his investment vehicles last disclosed their Motorola holdings in May, reporting a 8.75 percent stake.
Motorola reported second-quarter earnings last week that showed progress in restoring the mobile phone unit’s profitability, a goal co-Chief Executive Sanjay Jha has set for the fourth quarter.
Carl Icahn increases his stake in Motorola
By Wailin Wong
| Activist investor Carl Icahn has raised his stake in Schaumburg-based
Motorola Inc. to 8.75 percent, according to a Friday filing with the
U.S. Securities and Exchange Commission.
Icahn and his investment vehicles last disclosed their Motorola holdings
in May 2008, reporting a 7.6 percent stake.