Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

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Jan 12 3:59 PM EST

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To: richardred who wrote (1094)	4/3/2006 10:51:55 AM
From: richardred	Read Replies (1) of 7256

MOT getting ready to buy something again. I think so! Motorola to Sell Auto Electronic Busines Monday April 3, 10:04 am ET Motorola to Sell Auto Electronic Business for About $1 Billion in Cash to Germany's Continental NEW YORK (AP) -- Motorola Inc. said Monday it is selling its automotive electronics business for about $1 billion in cash to German tire company Continental AG, in a deal expected to close in the first half of this year. The company said the deal will allow it to sharpen its focus on communications technology. For Continental, the deal further strengthens the company's position as a supplier to the automotive industry. biz.yahoo.com

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