Google will pay $2.5bn if Moto deal fails
August 22, 2011
The SEC filing on Google’s bid for Motorola reveals a $2.5bn break clause if regulators deny the deal – that’s 20% of the value of the bid.
The filing also revealed a termination fee of $375 million that Motorola will have to pay to Google if it accepts a better buy-out offer from a competitor.
The clause indicated Moto’s nervousness given that Google has found itself in the antitrust sights of regulators around the world.
Other posts by :
- SES predicts end of ‘big’ Geo satellites
- Amazon Leo gets approval for 4,504 extra satellites
- SpaceX gets a portion of India
- TerreStar wants to build LEO network
- Musk: “No Starlink phone”
- Russia accused of eavesdropping on satellites
- FCC welcomes Musk’s 1m satellite plan
- Telesat has problems with an LEO
- Orbital debris a real danger