Walkie-talkie and radio systems maker Motorola Solutions Inc is looking into a possible sale, Bloomberg reported, citing people familiar with the matter.Potential buyers could include private-equity firms and defense contractors including Raytheon Co, Honeywell International Inc and General Dynamics Corp, Bloomberg reported, citing one of the sources. (bloom.bg/16rCCCp)The 87-year-old company is working with financial advisers as it looks for a buyer, Bloomberg cited the sources as saying.The sale process has been going on for several months, though a deal isn't on the immediate horizon, one of the sources told Bloomberg.
General Dynamics Corporation is an aerospace and defense company. Shares of GD traded higher by 0.43% or $0.6/share to $139.29. In the past year, the shares have traded as low as $102.44 and as high as $146.13. On average, 1796770 shares of GD exchange hands on a given day and today's volume is recorded at 1428411.
Honeywell International Inc. is a diversified technology and manufacturing company. Shares of HON fell by 0.58% or $-0.59/share to $101.75. In the past year, the shares have traded as low as $82.89 and as high as $103.92. On average, 2656190 shares of HON exchange hands on a given day and today's volume is recorded at 2404731.
Motorola Solutions, Inc. (Motorola Solutions) provides communication infrastructure, devices, software and services. Shares of MSI traded higher by 1.03% or $0.66/share to $64.66. In the past year, the shares have traded as low as $57.79 and as high as $68.33. On average, 1651880 shares of MSI exchange hands on a given day and today's volume is recorded at 1586331.
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