Sword Of The Lord With Electronic Edge

Monday, August 15, 2011

Google to Buy Motorola Mobility for $12.5 Billion - Bloomberg

Google to Buy Motorola Mobility for $12.5 Billion - Bloomberg: "Google Inc. (GOOG), maker of the Android mobile-phone software, agreed to buy smartphone maker Motorola Mobility Holdings Inc. for $12.5 billion in its biggest deal, gaining mobile patents and expanding in the hardware business.
Motorola shareholders will get $40 a share in cash, the companies said in a statement today. That’s 63 percent more than Motorola Mobility’s closing price on the New York Stock Exchange on Aug. 12. Both boards have approved the takeover."

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