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Icahn Demands Access to Motorola’s Strategy Documents

Carl Icahn, the billionaire investor fighting for board seats at Motorola Inc. demanded access to documents that detail the strategy for turning around the money- losing mobile-phone business.Icahn filed a lawsuit today in Delaware Chancery Court in Wilmington to get the information from Motorola, the biggest U.S. mobile-phone maker. The company denied an earlier request for the documents, said Icahn, who has nominated four directors and lobbied for a spinoff of the handset unit.

The lawsuit may step up pressure on Motorola Chief Executive Officer Greg Brown, who is trying to win back customers after handset shipments fell 38 percent last quarter

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