Google Pays $12.5B for Motorola Mobility

Google Inc. will pay $12.5 billion to buy Motorola Mobility Holdings Inc. The $40 per share offer represents a 63% premium to Motorola Mobility’s closing price Friday. The deal, Google said on its blog, will allow the company to “supercharge the entire Android ecosystem.” Google plans to operate Motorola Mobility as a separate business. The deal is expected to close by the end of 2011, or early next year.

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