One investor shareholder Motorola Mobility Holdings Inc., Carl Icahn, has reportedly sold its stake of 2.9 million units at a price of U.S. $ 114 million or about Rp1, 03 trillion.
A week ago, Motorola confirmed that its shareholders have approved the acquisition of shares by the company's search engine giant, Google Inc..
As quoted from page Reuters.com, Wednesday, November 23, 2011, mentioned the sale of 2.9 million units of shares belonging to one of Motorola's investors were performed at a lower price than Google's offer of U.S. $ 40 per share, Motorola Mobility.Icahn that Motorola is the largest known shareholder sells its shares in three stages of the transaction. In the first transaction, Icahn sold as many as 2.69 million shares worth U.S. $ 38.79 per unit in November, or the day before the share purchase agreement with Google.
Three days later, Icahn re-sell the stock of 200 thousand units worth U.S. $ 38.73 per share and the last 56,600 shares worth U.S. $ 38.75 per unit. Currently, Icahn is known still owns shares of Motorola Mobility 30.56 million units.
Icahn is known to be an investor Motorola Inc after the company suffered a setback in 2006 due to less competition. Motorola Mobility was created when Motorola separates the two companies that run their own in the New York Stock Exchange. One other company is the Motorola Solution Inc..In August, Google said it would buy the company's mobile phone device fabricators with the highest bid ever submitted. Google is ready to pay a Motorola shares 63 percent higher.
As reported previously, Google Inc. has set aside about U.S. $ 12.5 billion, or more than Rp107 trillion to buy the mobile phone maker, Motorola Mobility Holdings Inc..
Google steps are taken to increase the use of Android, so it can compete with Apple Inc.
According to the Financial Times, the deal makes Google have direct access to more than 17,000 patents held by Motorola and 7,500 other patents are still in the process. This is a great asset for Google to struggling with Apple, Microsoft, Oracle, and others in legal disputes related to copyright in the mastery of computer technology and communications.
Google's acquisition of Motorola's Mobility estimated to be fulfilled by the end of this year or early 2012. Since early 2011, Motorola split into two. Motorola Mobility focused on mobile business, while Motorola Solutions concentrates on communications technology for corporate and government customers. (Art)
0 comments
Post a Comment