Don't miss Friday's Fast Money - we're talking with billionaire investor Carl Ichan about the potential Mortorola break up.

In response to Thursday's announcement Carl Icahn stated in a press release, "For many months I have been publicly advocating the separation of Mobile Devices from Motorola's other business and I am pleased to see that Motorola is finally exploring that proposal. However, we have previously informed Motorola that we expect to run a slate of directors for the upcoming annual meeting and this announcement by Motorola will not deter us from that effort -- we believe Motorola is finally moving in the right direction but certainly still has a long way to go."

Find out what he tells the traders. Watch tonight on TV at 5pmET and then again at 8pmET. Or read the recap right here on CNBC.com immediately following the live show.