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Google to buy Motorola Mobility for USD 12.5 billion

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ayushi rajput

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May 23, 2012, 4:21:06 AM5/23/12
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Washington: Google Inc. on Monday announced that it has agreed to buy
Motorola Mobility Holdings Inc. for about USD 12.5 billion, the
largest purchase for the Internet search giant that will allow it to
compete directly with other mobile phone makers, news daily reported.

Google said that it will acquire Motorola Mobility for USD 40 per
share in cash, or a total of about USD 12.5 billion, a premium of 63
percent to the closing price of Motorola Mobility shares last Friday.


For more detail in Hindi News visit here - http://www.jagran.com/
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