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Read More »Google to buy Motorola Mobility for $12.5B
Google said today it has agreed to buy Motorola Mobility for $12.5 billion, giving the search giant valuable intellectual property and getting it directly into the handset business. Google will pay $40 a share in cash for Motorola, a 63 percent premium over the company’s closing stock price on Friday. The acquisition will “mildly” add to earnings once the deal …
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