Motorola Solutions, Inc. (NYSE: MSI) today announced that it has entered
into a stock purchase agreement with ValueAct Capital Master Fund, L.P.
to buy 11,319,047 shares of its common stock at a price of $66.26 per
share, with a value totaling approximately $750 million.
By Juliet Chung and David Benoit
ValueAct Capital Management LP plans to raise up to $1.5 billion in new funds, joining a group of activist investors who are gearing up to target a fresh crop of companies next year.
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