1.0 link 93453 <![CDATA[Motorola to Split Handsets Into Own Co.]]> http://www.huffingtonpost.com/2008/03/26/motorola-to-split-handset_n_93453.html CHICAGO &mdash; Motorola Inc. announced plans to separate its struggling handset business from other operations Wednesday, forming two separate, publicly traded companies after months of agitation from frustrated investors.

The suburban Chicago-based cell phone maker has been under pressure from billionaire investor Carl Icahn for changes meant to revitalize its cell-phone business. The cell phone unit has seen its sales and stock price plummet with the company unable to produce second act to the once-popular Razr phone.

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