Motorola Mobility Shareholders Give Google Buyout Their Blessing

Motorola Mobility Shareholders Give Google Buyout Their Blessing

Google and Motorola merger deal now a go?

(Picutre: Linux Mag)

Google bid was in the best interest of the company. The results? 99% of participating shareholders have given the takeover bid the green light.

Regarding the overwhelming support for the purposed Google/Motorola deal, Motorola boss Sanjay Jha expressed their pleasure at receiving such overwhelming support from their shareholders and investors. But the recent vote doesn't mean the ink is try on this deal. Trade commissions the world over are still investigating the plans and a decision is not expected before Q1 2012. But now Motorola and Google have one less hurdle before the deal is final.

The official statement from Motorola:

Google/Motorola Press Release Full Text

 

Related Motorola News: 

Source: Motorola

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