Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Green Business
Legal
Deals
Earnings
Summits
Business Video
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
Afghan Journal
Africa Journal
India Insight
Global News Journal
Pakistan: Now or Never?
World Video
Politics
Politics Home
Front Row Washington
Politics Video
Technology
Technology Home
MediaFile
Science
Tech Video
Opinion
Opinion Home
Chrystia Freeland
Felix Salmon
Breakingviews
George Chen
Bernd Debusmann
Gregg Easterbrook
James Pethokoukis
James Saft
John Wasik
Christopher Whalen
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
The Great Debate
Unstructured Finance
Newsmaker
MuniLand
Money
Money Home
Analyst Research
Global Investing
MuniLand
Reuters Money
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Life & Culture
Health
Sports
Arts
Faithworld
Business Traveler
Left Field
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Article
Comments (0)
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Casey Anthony's mother raises possibility of seizure
13 Sep 2011
Amish men jailed for not displaying buggy safety signs
13 Sep 2011
Feeling pain? The computer can tell
13 Sep 2011
Dangerous TB spreading at alarming rate in Europe-WHO
13 Sep 2011
Number of poor hit record 46 million in 2010
13 Sep 2011
Discussed
148
Al Gore in 24-hour broadcast to convert climate skeptics
115
Number of poor hit record 46 million in 2010
102
Obama to call for urgent steps on economy
Watched
Buenos Aires Fashion week sizzles
Mon, Aug 22 2011
The merchants of Tripoli
Tue, Sep 13 2011
Rig rescue captured in Navy footage
Tue, Sep 13 2011
Google bid for Motorola rose in negotiation: filing
Tweet
Share this
Email
Print
Related News
UPDATE 6-Mosaid asks shareholders to reject Wilan hostile bid
Wed, Sep 7 2011
Dell and Baidu team up for tablets, mobiles
Tue, Sep 6 2011
Motorola deal offers Google tax, patent benefits
Wed, Aug 31 2011
UPDATE 4-Mosaid deal would create global patent power-WiLan
Thu, Aug 18 2011
Apple, Qualcomm, others eye InterDigital
Wed, Aug 17 2011
Analysis & Opinion
Facebook to Google: You say Circles, We say Smart Lists
Obama proposes direct aid to local governments
Related Topics
Technology »
Deals »
Global Deals Review: 2011 Q2 »
Global Deals Review »
Inflows Outflows »
Media »
A Motorola Droid phone is seen displaying the Google search page in New York August 15, 2011.
Credit: Reuters/Brendan McDermid
Tue Sep 13, 2011 7:51pm EDT
(Reuters) - Google Inc (GOOG.O) raised its offer for Motorola Mobility Holdings Inc (MMI.N) by 33 percent to $12.5 billion over two weeks of negotiations between the two companies, according to a regulatory filing on Tuesday.
Google originally offered $30 for every Motorola share on August 1 -- but eventually paid $40 -- as the Internet powerhouse sought Motorola's massive patent portfolio, after losing out on the Nortel patent auction to a consortium including Apple (AAPL.O) and Microsoft (MSFT.O).
On August 5, Frank Quattrone's Qatalyst Partners, who advised Motorola on the deal, suggested the company reject the initial bid and seek an offer of $43.50 a share instead, according to a filing by Motorola with the U.S. Securities and Exchange Commission.
On August 9, Google came back with an offer of $37 per share, but Sanjay Jha, Motorola's CEO, said he would be prepared to recommend that the company consider accepting an offer of $40.50 a share or higher.
On the same day, Google raised its price to $40 per share, and proposed to start due diligence and announce the merger by August 14.
The companies ultimately announced the merger on August 15, settling at $40 per Motorola share -- a 63 percent premium to Motorola's previous trading day close.
(Reporting by Abhiram Nandakumar, Brenton Cordeiro and Savio D'Souza in Bangalore; Editing by Gary Hill)
Technology
Deals
Global Deals Review: 2011 Q2
Global Deals Review
Inflows Outflows
Media
Related Quotes and News
Company
Price
Related News
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Social Stream (What's this?)
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Mobile
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Contact Us
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Newsletters
About
Privacy Policy
Terms of Use
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.