Motorola Mobility Holdings Inc. said late Thursday that its stockholders approved the $12.5 billion deal to be acquired by search giant Google.þþLibertyville-based Motorola, which was one of the two parts split from Motorola Inc., said that 99 percent of the shares that were voted were in favor of the $40 per share deal. The shares represented about 74 percent of the company's total outstanding shares.þþIn August, Google said it would buy the handset device manufacturer in its biggest deal ever, paying a steep premium of 63 percent.þþMotorola's shares closed at $38.94 Thursday on the New York Stock Exchange, while shares of Google closed at $600.87 on the Nasdaq.
Source: Chicago Tribune
