Motorola Is Unable to Find Buyers After Months-Long Effort

April 2, 2015 6:18 PM

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Motorola Is Unable to Find Buyers After Months-Long Effort

Motorola Solutions Inc. has failed to find a buyer after seeking to drum up interest from private-equity funds and large industrial companies, people with knowledge of the matter said.

The maker of two-way radios and other communications equipment has proved too large a target for any single buyout fund, one of the people said. Motorola fell 3.6 percent to $64.24 as of 2:16 p.m. in New York trading, giving it a market value of about $13.6 billion.

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