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Solve : Google to purchase Motorola Mobile? |
Answer» Full StoryYes and the Google offer is a 63% premium over the last closing price of Motorola--oh to have been a shareholder. How come no one ever calls me BEFORE on these things? truenorthYou didn't get my e-mail ? ?... Shame.I GOT it. Thanks Patio. Anytime.... Motorola Mobility was a spinoff of Motorola (now known as Motorola Solutions) in Jan. 2011. Their stock has been going down for years. In 2006, it was 160, now 40. Spinning it off was a way to make it attractive for sale. LOOKS like it worked. Even if you were a shareholder of MSI, you'd still be at a loss with the sale of MM. For every 8 shares of MSI, you got 1 share of MM. Still wish you were a shareholder?CC good on you to finesse my post --as one that normally pays very close attention to detail (the devil is in the details). I of course meant the MM stock --the one that WOULD have made me rich.truenorthGoogle has now been downgraded by S&P: HTTP://news.yahoo.com/p-says-sell-googles-shares-motorola-deal-204116780.html |
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