China

Motorola: Just waiting on China for the Google acquisition, hoping to close by July

Motorola: Just waiting on China for the Google acquisition, hoping to close by July

Phil Nickinson 6

Motorola Mobility in its first-quarter earnings statement released today gave a brief update on the not-quite-complete acquisition by Google. The $12.5 billion deal has been approved by the U.S. and other nations, with China apparently the lone holdout. Motorola says it still expects the deal to be finalized in the first half of this year, so it's got two months to go as of now. Said...