
Good news coming from the Motorola camp? Say it ain't so! The long-standing
feud between the flagging company and
investor Carl Icahn has finally come to an end, and lo and behold, the pending litigation between the two has even been dismissed. Apparently the two parties managed to agree that (effective immediately) Keith Meister, a managing director of the Icahn investment funds and principal executive officer of Icahn Enterprises would be "appointed to serve on the [firm's board of directors]," and William R. Hambrecht, founder, chairman and CEO of WR Hambrecht + Co. and co-founder of Hambrecht & Quist, would be "nominated for election" during the 2008 annual shareholders meeting. Heck, Moto's even soliciting Mr. Icahn's input in dealing with the hopeful
separation of businesses -- but then again, it would probably take advice from just about anyone given the current
state of affairs.
Reader Comments (Page 1 of 1)
Constable Odo @ Apr 7th 2008 1:14PM
Bury the hatchet in each other's back.