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February 7, 2014 09:30 am GMT
Google paid $750 million for a 5.94% stake in Lenovo Group on Jan. 30, according to a disclosure on the Hong Kong stock exchange. The purchase was made on the same day after Google announced that it had agreed to sell the Motorola brand to Lenovo for $2.91 billion, but will keep most of the handset maker's patents.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aTMpbfEEfbU/
Updated: Google Didnt Pay $750M For A 5.94% Stake In Lenovo
Google paid $750 million for a 5.94% stake in Lenovo Group on Jan. 30, according to a disclosure on the Hong Kong stock exchange. The purchase was made on the same day after Google announced that it had agreed to sell the Motorola brand to Lenovo for $2.91 billion, but will keep most of the handset maker's patents.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/aTMpbfEEfbU/
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