Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Friday, April 13, 2007

Icahn Still Looks for Board Representation at Motorola

Carl Icahn, holder of 2.9% of Motorola, said in a letter to shareholders filed with the SEC that he still wants a seat on the board and doesn't understand why Motorola management doesn't want him  He took back his earlier call for more share buybacks, because of the operational difficulties of the company.  See WSJ, Icahn Presses His Case To Join Motorola Board.

http://lawprofessors.typepad.com/securities/2007/04/icahn_still_loo.html

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