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Short Take: Motorola to offer $1 billion of debt securities

Motorola said it plans to offer to the public $1 billion of unsecured debt securities, due in November 2010. Motorola had previously registered the sale with the Securities and Exchange Commission. Several companies will underwrite the offer, led by Merrill Lynch. The others include Chase Securities, Goldman Sachs, Banc of America Securities, Deutsche Banc Alex Brown, Morgan Stanley Dean Witter, Salomon Smith Barney and UBS Warburg.

Motorola said it plans to offer to the public $1 billion of unsecured debt securities, due in November 2010. Motorola had previously registered the sale with the Securities and Exchange Commission. Several companies will underwrite the offer, led by Merrill Lynch. The others include Chase Securities, Goldman Sachs, Banc of America Securities, Deutsche Banc Alex Brown, Morgan Stanley Dean Witter, Salomon Smith Barney and UBS Warburg.