The people have spoken, and they're pleased. Said people, of course, are Motorola Mobility's shareholders, who have given a seal of overwhelming approval to the company's merger with Google. The company confirmed this sentiment in a statement issued yesterday, declaring that a full 99 percent of shareholders gave a thumbs up to Big G's acquisition at a recent meeting that comprised 74 percent of all outstanding shares. It's likely that much of this optimism was fueled by a rosier Q3 earnings report (not to mention the relatively favorable conditions upon which the acquisition was determined), but Googorola isn't entirely out of the woods, as the federal government must still give the deal its final approval. Motorola Mobility says that should happen by early next year, though it acknowledges the potential for delay. Read the full statement, after the break.
Continue reading Motorola Mobility stockholders happy with Google merger, 9 out of 10 dentists agree
Motorola Mobility stockholders happy with Google merger, 9 out of 10 dentists agree originally appeared on Engadget on Fri, 18 Nov 2011 04:28:00 EDT. Please see our terms for use of feeds.
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