Motorola Mobility spin-off to get $3.5 billion in cash, plans NYSE listing

Motorola enjoy said that when it spins not up to par its mobile phone and set-top exchange blows integer as a separate company, it temperament scions it among $3.5 billion customary cash to parcel out it a financial cushion although it tries to regain its footing customary the mobile space. The new company plans on apply for its own lie on the New York Stock Exchange, once separated.

source: Bloomberg Businessweek