Inside these posts: Zebra Technologies

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Zebra Technologies sheds Navis unit

Lincolnshire-based firm Zebra Technologies Corp. said Monday it has reached an agreement to sell its Navis unit to Finland’s Cargotec Corp. for $190 million in cash.

The sale will result in an after-tax gain of $30 million to $40 million, Zebra management said. The transaction is expected to close in the first quarter. Get the full story »