Bloomberg News

Motorola Solutions Says Icahn’s Intrieri Resigns From Board

February 27, 2012

Motorola Solutions Inc. said it has entered into a stock purchase agreement with Carl Icahn and certain of his affiliates under which the company has purchased 23.7 million shares of its common stock at a price of $49.15 a share, for aggregate cash consideration of $1.2 billion.

As part of the transaction, Vincent J. Intrieri, a director of Icahn Enterprises G.P. Inc. and the general partner of Icahn Enterprises L.P., has agreed to resign from the company’s board of directors effective as of the settlement of the company’s purchase of the shares.

To contact the editor responsible for this story: Steven Fromm at sfromm@bloomberg.net


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