NEW YORK (Reuters) – Google Inc will buy phone hardware maker Motorola Mobility Holdings Inc for $12.5 billion to bolster adoption of its Android mobile software and compete with smartphone rival Apple Inc.
In its biggest deal to date, Google said it would pay $40 per share in cash, a 63 percent premium to Motorola Mobility’s Friday closing price on the New York Stock Exchange.
Gosh, those Verizon guys who can’t fix anything sure are nice.
Two days after Mother Nature snapped the data cable that runs 25 feet from the street to my home — severing the home phone connection that I barely use — they rang my bell and greeted me with smiles. You heard right: smiles.
Next came a pair of handshakes with uncalloused hands, then introductions, a declaration, and a revelation: “I’m Jim, and he’s Steve. We are managers! There’s a strike!”