Motorola to spin off mobile phone unit — or maybe it won’t — but it might — maybe
- February 1st, 2008
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Motorola yesterday published a news release stating that, in the interest of shareholders, it would examine a corporate restructuring that would perhaps separate its mobile devices group from the rest of the company.
The release doesn’t say it will or won’t, just that it’s a possibility. So, basically, Motorola might spin off its phone business as a separate venture. But it might not. But don’t be surprised if, like, it happens.
Thanks, Moto!
Motorola to Explore Structural and Strategic Realignment of its Businesses to Enhance Shareholder Value [Press Release]
