Friday, November 18, 2011

Motorola Mobility shareholder approve Google's takeover

One part is one, one part left. Motorola Mobility board has finished the necessary shareholder approval to let the company acquired by Google. The shareholders that attended the voting holds 74% of Motorola Mobility shares and there was 99% of those voted in favour of the takeover.

The $12.5 billion takeover deal is waiting for government approval, after which there won't be just a formality and is expected to close in 2012.

No comments:

Post a Comment