08.07.2014 23:53:29

Zebra Reports Expiration Of HSR Waiting Period For Acquisition Of Enterprise Biz

(RTTNews) - Zebra Technologies Corp. (ZBRA), Tuesday said that the required waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, with respect to Zebra's agreement to acquire the Enterprise business of Motorola Solutions Inc. (MSI).

The acquisition is expected to close by the end of 2014, subject to customary closing conditions, including remaining regulatory approvals.

In April, inventory tracking company Zebra Technologies agreed to buy the Enterprise business from Motorola Solutions for $3.45 billion in cash.

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Motorola Solutions Inc. 447,50 0,18% Motorola Solutions Inc.
Zebra Technologies Corp. 377,40 1,73% Zebra Technologies Corp.