clock menu more-arrow no yes mobile

Filed under:

Motorola Mobility stockholders approve Google buyout

New, 29 comments

99 percent of Motorola Mobility shares voted in favor of a Google merger today, paving the way for the $12.5 billion buyout.

Motorola Google droid ears
Motorola Google droid ears

Google is free to purchase Motorola, at least as far as the investors are concerned. Today, at a special meeting of shareholders, "approximately 99 percent" of Motorola Mobility stock voted in favor of the proposed merger. It's still not a done deal, of course, as the government will have a chance to weigh in, but it's looking like our best guesses about Google's intentions for the $12.5 billion purchase will be put to the test next year.