The latest word on the Google-Motorola Mobility merger
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Both Motorola Mobility and Google shareholders have voted to allow the purchase of the former by the latter for $12.5 billion. But that doesn't end the approvals necessary to get the deal closed. Besides the shareholders, two countries have signed off the deal, Turkey and Russia. Antitrust clearance, or waiting period expirations, are required for the U.S. Department of Justice, European Commission, Canada, China and Israel. In those countries, the deal can be approved by having the appropriate official sign the proper paperwork, or by letting a certain period of time go by without raising an objection to the merger.
While the waiting period has expired in China and in the U.S., both countri... »read more
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