The following corporate finance-related stories were reported by media:* Barcode printer maker Zebra Technologies Corp has agreed to purchase Motorola Solutions Inc's enterprise business for $3.5 billion in cash, the Financial Times reported, citing people familiar with the discussions.* General Electric Co Chief Executive Jeff Immelt may step down sooner than his expected 20-year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.
Zebra Technologies Corporation (Zebra) designs, manufactures and sells specialty printing devices that print variable information on demand at the point of issuance. Shares of ZBRA traded higher by 2.23% or $1.49/share to $68.28. In the past year, the shares have traded as low as $42.51 and as high as $72.76. On average, 301348 shares of ZBRA exchange hands on a given day and today's volume is recorded at 436421.
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