Motorola Shareholder Files Case against Google

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Google had recently recommended purchasing Motorola Mobility at the cost of $12.5 billion, at the price of $40 each share.  As stocks of Motorola closed at $24.47 when the agreement was made public, the costs have increased since then and have traded over $38 most of the time.  While most of the 63% premium agreed upon by Google a little too steep, John W. Keating, a Motorola Mobility shareholder, does not seem to repeat the same sentiment.  He feels that the Mountain View based firm is purchasing Motorola Mobility for “pennies on the dollar.”

John W. . . . → Read More: Motorola Shareholder Files Case against Google