Feds Taking Close Look at Google-Motorola Deal
It’s not a surprise, but antitrust regulators are taking a closer look at Google’s proposed $12.5 billion acquisition of Motorola Mobility.
In a regulatory filing, Motorola Mobility said: “On September 28, 2011, Motorola Mobility Holdings, Inc. and Google Inc. each received a Request for Additional Information and Documentary Material from the Antitrust Division of U.S. Department of Justice (DOJ) regarding the proposed merger between the companies. The companies intend to cooperate fully and respond expeditiously to the DOJ. The transaction is currently expected to close by the end of 2011 or in early 2012.”
