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Motorola heading for breaker's yard - report

Razr thin margins could yield fat profits
Thursday, 13 December 2007, 10:25

THE WALL STREET JOURNAL reckons that Motorola is readying itself to spin off more bits and pieces, yielding an extra $20 billion in " shareholder value".

The Journal claimed that would make Mr Carl Icahn, an activist bunny, a very happy shareholder indeed, but it may not be so easy to slice and dice the giant.

Successors to its Razr phone have been a bit stubbly and just a few weeks ago CEO Ed Zander said he would step down. He will be succeeded by Greg Brown, and the Journal reckons he's open to the idea of salami.

It could split into its radio division, its mobile division and its telecomms division. The question is whether that will happen or not, said the Journal, here (sub needed). ยต

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