Motorola in automotive electronics sale

Motorola Inc. said Monday it is selling its automotive electronics business to Continental AG.The German tire company will pay about $1 bill...

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Motorola Inc. said Monday it is selling its automotive electronics business to Continental AG.The German tire company will pay about $1 billion for Motorola's auto electronics business, which generates about $1.6 billion in annual sales.The unit will join Continental's automotive systems division, which has annual sales of about $6.5 billion.The deal is expected to close in the first half of this
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