In response to impatient shareholders who feel that Motorola’s stock price is being held back by poor cellular handset sales, the company announced it will spin off the handset division, creating two, independent, publicly-traded companies. The historic move by the company founded in 1928 will leave the public safety radio operation in the new Broadband & Mobility Solutions division that will also include networking products, cable receivers and IP video solutions. Analysts aren’t unanimous about how the decision will affect the companies operations, or if it will help the stock price of either division go up. Read a news story about the action here, or read the company’s press release here.
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