First Eagle Comments on Motorola Solutions

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Nov 02, 2015

Motorola Solutions (NYSE:MSI) received a $1 billion investment from private-equity firm Silver Lake. The company plans to use part of this investment to buy back up to $2 billion of its stock through a modified Dutch Auction tender offer and to also build out its software and services business through strategic partnerships and acquisitions.

From the First Eagle Fund of America Q3 commentary.