Wednesday, August 15, 2007

Carl Icahn boosts Motorola stake in 2Q

Billionaire investor Carl Icahn raised his stake in Motorola Inc. during the second quarter to 55.3 million shares, from 9.4 million shares in the previous quarter, according to a regulatory filing Tuesday with the Securities and Exchange Commission.

For the quarter ended June 30, Icahn Management LP reported owning a 2.4 percent stake in the Schaumburg, Ill.-based company.

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