EU to decide on Google, Motorola Mobility deal on February 13th
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The Google, Motorola Mobility deal is still awaiting regulatory approval from both the U.S. and the EU. Last month, the later of the two had suspended the January 10th deadline while waiting to receive additional information on the acquisition from Google.
Reuters is reporting that the EU regulators have set a new deadline of February 13, 2012 in order to decide whether or not Google may proceed with its purchase of Motorola Mobility. We are left to assume they have received all the required information about the deal and are using this time to reach a decision.
The deal has already been agreed to by stockholders, but is also sitting in limbo in the U.S. while the DOJ receives additional information from Google as well.
source: Reuters
Reuters is reporting that the EU regulators have set a new deadline of February 13, 2012 in order to decide whether or not Google may proceed with its purchase of Motorola Mobility. We are left to assume they have received all the required information about the deal and are using this time to reach a decision.
The deal has already been agreed to by stockholders, but is also sitting in limbo in the U.S. while the DOJ receives additional information from Google as well.
source: Reuters
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4 Comments
4. Lucas777 posted on 20 Jan 2012, 02:09 0 0
well they have a right to.. what i dont understand is why they make "deadlines" if they are just going to change the date anyways...
2. rockstarlive posted on 19 Jan 2012, 16:58 0 0
I am pretty sure its going to happen. Only thing I can think of that thedeal would fall apart is not enough positive support.
3. ivanko34 posted on 19 Jan 2012, 21:39 0 0
EU regulators ? seriuously ? I live in europe and i can say europe doesnt exist it is just lot of voghons bothering all the countries
