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China Clears Google’s Motorola Mobility Deal

Published on May 19, 2012
by John Letzing

Google said Saturday that Chinese antitrust authorities have cleared the Internet giant’s proposed purchase of Motorola Mobility Holdings Inc., pushing the $12.5 billion deal over its last regulatory hurdle.

Google, a Silicon Valley giant that built its business on Web services, startled the tech industry last August by saying it would buy the company, a much older, Illinois-based maker of mobile devices and other hardware.

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