For eight months, eBay CEO John Donovan resisted Carl Icahn’s repeated calls to spin off its PayPal subsidiary — telling Fortune ‘s JP Mangalindan that the two companies were more valuable together...
Motorola rejected two Google bids and managed to drive the final acquisition price up by about $3 billion -- even though there were no other bidders. Key players in the deal included Motorola shareholder Carl Icahn , who suggested that Motorola shop its patents around, and Frank Quattrone , whose Qatalyst partners advised Motorola in the deal. The full story came out today in an SEC filing from Motorola , and was pointed out by Dennis Berman of the Wall Street Journal . Here's how it went down.
With Blockbuster scheduled to hold a bankruptcy auction in the coming days, Dish Network is among the interested parties, the Wall Street Journal reported Friday.
Blockbuster late last week avoided liquidation after a bankruptcy judge approved its sale to a group that includes unsecured creditors.
Four years after he began agitating for change at Motorola Inc., Carl Icahn will get his wish Jan. 4 with the spinoff of its mobile-phone unit. He still hasnt made money on the investment, according to Bloomberg calculations. Icahns stake in Motorola is worth at least $159 million less than what he paid and perhaps several hundred million more, according to calculations based on regulatory filings. The current value of his holdings is $2.17 billion. The stock still has great potential with the spinoff approaching and Motorola making progress in its mobile-phone business, Icahn, 74,
More than two years after Carl Icahn began agitating that Motorola Inc. fix its operational problems and restructure its business units, the company appears to be making progress.