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Motorola Reaches Truce with Carl Icahn

Motorola reached and agreement with activist shareholder Carl Icahn under which William R. Hambrecht, founder, chairman and chief executive officer of WR Hambrecht +…

EXFO to Acquire Brix for US$28.5 million

EXFO Electro-Optical Engineering agreed to acquire Brix Networks, a provider of converged service assurance solutions, for US$28.5 million in cash and an additional earn-out…

Packeteer Board Rejects Elliott Offer

Packeteer’s Board of Directors formally rejected the acquisition offer of Elliot Associates for $5.50 per share in cash, saying that if the Board decides…

Motorola to Split into Two in 2009

Motorola announced plans to split into two independent, publicly-traded companies in 2009. The split would occur as follows: The Mobile Devices business will continue…

France Telecom Announces Executive Appointments

France Telecom announce the following executive changes : Raoul Roverato is appointed Executive Vice-President in charge of the new growth businesses Division. This ‘new…

Verizon Declares Quarterly Dividend

The Board of Directors of Verizon Communications declared a quarterly dividend of 43 cents per outstanding share, unchanged from the previous quarter. Verizon has…