Icahn Ups Moto Stake, mobile phone Spinoff Imminent?

Investor/agitator Carl Icahn has increased his position in Motorola (MOT) to 6.3% of the company — up from 5% a month ago.

Next steps: Another proxy battle as Icahn tries to install directors on Motorola’s board, and a possible sale or spinoff of the company’s troubled, money-losing mobile phone division.

See Also:
Motorola’s New CFO: Dealmaker
What’s A Chopped-Up Motorola Worth?
Motorola’s Restructuring: Gear JV With Nortel?
Recession Could Crush Palm, Hurt RIM, Ding Motorola: Citi
Carl Icahn Gets The Old Gang Back Together Again
Motorola Might Spin Off mobile phone Unit

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