Motorola may sell TV set-top box unit
China Daily | Updated: 2009-11-13 08:58
NEW YORK: Motorola Inc is in the early stages of looking into a potential sale of its $4.5 billion television set-top box and network equipment business, two sources said.
Motorola is seeking buyers for the unit, whose suitors include private equity firms and other communications equipment makers, said one source familiar with the situation.
Motorola may decide to keep the unit in the end, said the source, who was not authorized to speak with the media.
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