Motorola to Explore Structural and Strategic Realignment of its Businesses to Enhance Shareholder Value
Company will evaluate alternatives to accelerate the ability of
its Mobile Device Business to recapture growth and profitability in an
expanding global market
SCHAUMBURG, Ill., – January 31, 2008 – Motorola, Inc. (NYSE: MOT) today
announced it is exploring the structural and strategic realignment of
its businesses to better equip its Mobile Devices business to recapture
global market leadership and to enhance shareholder value. The company’s alternatives may include the separation of Mobile Devices from its other businesses in order to permit each business to grow and better serve its customers.
“All of our businesses have exceptional people, products and
intellectual property and the ability to achieve category leadership in
their markets,” said Greg Brown, President and Chief Executive Officer.
“We are exploring ways in which our Mobile Devices Business can
accelerate its recovery and retain and attract talent while enabling
our shareholders to realize the value of this great franchise.”
The company does not intend to discuss developments with respect to the
exploration of strategic alternatives unless or until its Board of
Directors has approved a definitive transaction or the process is
otherwise complete. There can be no assurance that any transaction will
occur or, if one is undertaken, its terms or timing.
Lun Oct 26, 2009 7:40 pm por rincon2009