News

Icahn Eyes Moto Board Seat

1/30/2007 7:44 AM Eastern

Motorola’s board of directors has 12 seats, and billionaire investor Carl C. Icahn wants one of them, AP reported.

Icahn filed a nomination notice with the Schaumburg, Ill.-based company Monday, according to AP.

The investor and his entities own 33.5 million shares of Motorola, or roughly 1.4% of the company's outstanding shares, AP reported.

Motorola told AP it is reviewing Icahn's nomination.

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