Friday, November 18, 2011

Motorola Mobility shareholders approve Google merger

Media_httpiicomcomcnw_ggudl

Motorola Mobility's shareholders have overwhelmingly voted to approve Google's $12.5 billion acquisition of the company.

During a special stockholders meeting today, about 99 percent of the shares voting today approved adoption of the merger agreement, the company said. Those shares represent approximately 74 percent of the company's outstanding common shares.

Posted via email from Inspiration

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