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Sunday, May 20, 2012

China Approves Google - Motorola Mobility Deal

After the acquisition, announced last year, has already received approvals in Europe, the U.S. and other jurisdictions worldwide and Motorola Mobility had said in aregulatory filing (MMI) in February that it needed approval in China, regulators in China have recently approved the multi-billion dollar purchase of Motorola Mobility by Google. The deal is now expected to close next week.


Source: Bloomberg



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