Friday 22 July 2011

Major investor suggests Motorola should sell patents

Frequent activist investor Carl Icahn on Thursday triggered a rush on Motorola Mobility's shares after he called on the company to consider selling patents. A 13D filing with the SEC asked the Android smartphone designer to look at "alternatives regarding its patent portfolio to enhance shareholder value." Icahn has 11.36 percent of Motorola's shares and would immediately stand to benefit from any sale....

Source: http://feeds.macnn.com/click.phdo?i=9c23cb7fb678f0a1975a14ed1775cec6

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