US Government taking closer look at Google’s Moto Purchase

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When Google announced it would buy Motorola Mobility for $12.5 billion, it’s fair to say even we were a little shocked. What a game-changer! But this acquisition proposal has been subjected to close scrutiny by the United States government.

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Google to Motorola Mobility: Don’t solicit other offers besides ours

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Motorola Mobility has signed on an agreement stating they’ll stop any solicitation of other proposals as of Aug. 15. The contract goes on to say that Google will pay Motorola Mobility $2.5 billion if the deal falls through, and Motorola Mobility will pay $375 million if it decides not to sell to Google.

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