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On January 29, 2014, Google announced it would, pending regulatory approval, sell Motorola Mobility to the Chinese technology company Lenovo for US$2.91 billion in a cash-and-stock deal, [4] seeing the sale of $750 million in Lenovo shares to Google. Google retained the Advanced Technologies & Projects unit (which was integrated into the main ...
On 29 January 2014, Google announced it would sell Motorola Mobility to Lenovo for US$2.91 billion in a cash-and-stock deal. When Google and Lenovo first announced the acquisition of Motorola, they said the purchase would be funded with $660 million in cash, $750 million in Lenovo stock, and a $1.5 billion promissory note due in three years.
Adjusted for stock splits and the formation of a new holding company, Alphabet, investors in Google’s IPO are up 6,500% over the past 20 years. Sharpe’s $300,000 investment would now be worth ...
Lenovo Group Limited, trading as Lenovo (/ l ə ˈ n oʊ v oʊ / lə-NOH-voh, Chinese: 联想; pinyin: Liánxiǎng), is a Chinese [9] multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, servers, converged and hyperconverged infrastructure solutions, and related services. [5]
The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
The stock of Lenovo Group (OTCPK:LNVGY, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.