Icahn Ad Puts Motorola On Blast


In a somewhat misguided attempt to demonstrate why Motorola's shareholders should hand the keys to the coffer to him, Carl Icahn took out a full-page newspaper ad in The Wall Street Journal to air a, well, bitchslap in ink.

In appropriately dramatic boldface type his harsh letter reads, "I am convinced that significant stockholder representation in the Motorola boardroom, even by a single director, is absolutely necessary at this troubled company [...] I am seeking a single seat, a single voice, asking for accountability instead of 'business as usual.'"

He also mentioned that management was like "something straight out of Alice in Wonderland," a quote we particularly like.

Motorola recently responded with some tome about how very very wrong Icahn is and how serious and responsible they are.

Oh yeah? You want to talk serious? Why do RAZRs suck so bad?

by Angela Natividad    May- 3-07   Click to Comment   
Topic: Newspaper   

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