Friday, January 20, 2012

European Union to rule on Google?s planned Motorola Mobility buy on February 13th

The European Union will decide on February 13th whether or not to give its blessing to Google’s planned purchase of Motorola Mobility. Google recently provided European courts with more information in support of the merger, Reuters�said. The European Union suspended its review of the merger on December 12th pending Google’s submission of documents that are considered “essential to its evaluation of the transaction.” Google announced on August 15th its intentions to purchase Motorola Mobility for $12.5 billion and said the purchase will�bolster its patent portfolio and help it defend its Android partners against competitors such as Apple and Microsoft. Read

Source: http://www.bgr.com/2012/01/19/european-union-to-rule-on-googles-planned-motorola-mobility-buy-on-february-13th/

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