Google is in the process of acquiring Motorola Mobility for $12.5-billion, making it “a ‘dedicated Android partner’ to ‘supercharge the Android ecosystem’ and ‘enhance competition in mobile computing.’” Keep reading for a news report…
The deal will cost Google $40 per share at a cost that works out to to about $40 billion. That’s a 63% premium on the street price over Motorola Mobility share prices at the close of last week. The transaction has been approved by the board at Google and at Motorola.
