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Split

Analyst calls for RIM to break apart handset, network businesses

July 12th, 2011

With Research In Motion’s annual shareholder meeting scheduled to take place later today, one popular RIM-focused analyst is calling for the company to split its handset and network businesses into two separate companies. “RIM’s organization, like its handsets, needs modernization. By acting now, splitting RIM into network and handset businesses may target opportunities and unlock significant shareholder …

Motorola to finally split on January 4th

November 30th, 2010

Motorola announced Tuesday that its board has approved a reverse stock split ratio of 1-for-7, and the company will finally split into two separate entities on January 4th, 2011. In just over a month, Motorola will change its name to Motorola Solutions, Inc. and its mobile division will separate to form a new publicly traded …

Motorola announces shareholders meeting to approve reverse split

September 24th, 2010

Today, Motorola announced that it would be holding a special meeting for all stockholders on November 29. The company is seeking approval of a reverse split buyback of common stock; ratios being reported are anywhere from 1-for-3 to 1-for-7. “If approved by stockholders, the reverse split is expected to be implemented on Motorola Solutions common …