Thursday, February 9, 2012

US Justice Department could approve Google/Motorola Mobility acquisition soon

US Justice Department could approve Google/Motorola Mobility acquisition soon

In 2011, Google announced their plans to buy Motorola Mobility, spending $12.5 billion in the process. Naturally with an acquisition of this magnitude, there would be a lot of red tape, such as approval by shareholders, the US Justice Department and antitrust regulators. So far it seems that the shareholders have already given their content, and now there are reports that suggest the US Justice Department could be giving the Google/Motorola Mobility ("Googorola") acquisition the green light.

Ubergizmo, US Justice Department could approve Google/Motorola Mobility acquisition soon

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.