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Google Buys Motorola For $12.5 Billion

Started by skidzilla, August 15, 2011, 13:20:03 PM

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skidzilla


knighty

QuoteThe search and online advertising company is buying the company for approximately $12.5 billion (or $40 per share), in cash. The price represents a premium of 63 percent to the closing price of Motorola Mobility shares last Friday. Google had about $39 billion in cash at last count.

wish I'd bought some shares in motorola mobility last week :-(


p.s..... $39billion in cash....woha :o

Clock'd 0Ne