Nokia Targets Motorola in 2007

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30 January 2007 @ 03:06 pm ET

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Motorola shares leaped Tuesday after company officials said that billionaire investor Carl Icahn, who has a 1.4 percent stake in the firm, told the company he would seek a seat on its board. Shares rose 6.5 percent, or $1.19 to $19.50 in afternoon trading on the New York Stock Exchange.

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Jan 31, 2007 10:23am

In the third paragraph, you have miss quoted the number of phones sold by Motorola and Nokia. The number should be in the millions not thousands.

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