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Chat => Entertainment & Technology => Topic started by: skidzilla on August 15, 2011, 13:20:03 PM

Title: Google Buys Motorola For $12.5 Billion
Post by: skidzilla on August 15, 2011, 13:20:03 PM
http://techcrunch.com/2011/08/15/breaking-google-buys-motorola-for-12-5-billion/
Title: Re: Google Buys Motorola For $12.5 Billion
Post by: knighty on August 15, 2011, 13:42:20 PM
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
Title: Re: Google Buys Motorola For $12.5 Billion
Post by: Clock'd 0Ne on August 15, 2011, 13:53:13 PM
I, for one, welcome our new Google overlords (http://www.google.com/press/motorola/quotes/)