China extends review of Motorola cell network sale

Business Week | March 10, 2011 | Associated Press
SCHAUMBURG, ILLINOIS
Motorola Solutions Inc. said Wednesday that Chinese antitrust regulators extended the review period for the sale of the company’s networks business to Nokia Siemens Networks for up to 60 days more.
Motorola Solutions is one of the two companies to emerge from the January split of Motorola. Solutions makes products for government agencies and large businesses, including police radios and barcode scanners. Motorola Mobility Inc., the other new entity, makes cell phones.
As part of the split, Motorola announced it would sell its cellular network equipment division to the Finnish-German joint venture Nokia Siemens Networks for $1.2 billion.
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