ValueAct takes nearly 10 percent stake in Motorola Solutions

Reuters News
Posted: Nov 10, 2015 6:37 AM

(Reuters) - Activist investor ValueAct reported a 9.96 percent stake in Motorola Solutions Inc <MSI.N>, maker of walkie-talkies and radio systems, and said it would talk to the company's board about ways to enhance shareholder value.

ValueAct said the shares were undervalued and that it may talk to other shareholders of Motorola Solutions and other interested parties about the company's operations.

(Reporting by Abhirup Roy in Bengaluru; Editing by Sayantani Ghosh)