Motorola to Acquire Symbol Technologies for $3.9 Billion

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otorola Inc. said Wednesday it signed an agreement to acquire Symbol Technologies, which produces handheld bar-code scanners, for $3.9 billion or $15 a share.

Upon closure of the deal, Symbol will become a wholly owned subsidiary of Motorola, the wireless technology firm said in a statement.

The two expect to complete the acquisition by early next year, Motorola said.