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Motorola Solutions Buys $1.17 Billion of Stock From Icahn

Motorola Solutions Buys $1.17 Billion of Stock From Icahn

Motorola Solutions Buys $ 1.17 Billion of Stock From Icahn
News from BusinessWeek:

February 27, 2012, 1:31 PM EST

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By Heather Perlberg

(Adds analyst’s comment in fourth paragraph.)

Feb. 27 (Bloomberg) — Motorola Solutions Inc., which split in two a year ago following pressure from Carl Icahn, bought $ 1.17 billion of its stock from the billionaire…………… continues on BusinessWeek

… Read the full article

Related News:
German court rejects Motorola attempt to block Apple iPhone sales
News from Washington Post:

BERLIN — A German court has rejected Motorola’s attempt to have Apple Inc. withdraw several iPhone and iPad models from its German internet store in an ongoing legal battle over patents between the two phone giants.

The Karlsruhe state court on Monday overturned a lower court’s injunction, saying that Apple has now made Motorola a better offer for patent licensing terms, the dapd news agency reported.

The injunction, which had already been put on hold earlier this month, caused Apple to briefly halt the sale of the devices online in Germany after Motorola successfully argued Apple was using its mobile technology without a license.

Apple had argued that Motorola refused a license even though it had agreed the technology should be an industry standard.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

…………… continues on Washington Post
… Read the full article


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