View Full Version : Motorola shareholders approve Google purchase

11-18-2011, 10:16 AM
Motorola Mobility has announced that its shareholders have voted in approval of Google's proposed $12.5 billion purchase of the company that was announced back in August. Motorola said that more than 99 percent of the voting shareholders were in approval of the purchase. Google's proposed $12.5 billion purchase equates to about $40 per share in cash. The companies expect the purchase to be completed during the end of 2011 or in early 2012.