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Google Buys Motorola for $12.5 Billion
Googorola
Google Buys Motorola for $12.5 Billion
Google has agreed to buy Motorola Mobility for $12.5 billion, giving the search giant valuable intellectual property and getting it directly into the handset business. Google will pay $40 a share in cash for Motorola, a 63% premium over the company's closing stock price on Friday.
8/15/11 3:49pm ET - CNET
 
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