With the growing number of patent lawsuits getting tossed around at Android handset makers, all eyes will turn their focus to Motorola’s stockholders, who will vote to move forward with the proposed Google merger (acquisition). By no means does anyone expect them to not vote this in, but we just wanted to point out that there are still steps in the process that need to be completed before everything becomes officially official. The deal is also expected to close by the end of this year.
If you would like to take a look at the announcement, we have included it below.
Motorola Mobility Announces Record Date and Meeting Date for Special Meeting of Stockholders in Connection with Google Merger Agreement
Oct. 14, 2011
LIBERTYVILLE, Ill. – Oct. 14, 2011 – Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced in its definitive proxy statement on Schedule 14A that it has established a record date and a meeting date for a special meeting of its stockholders to consider and vote upon a proposal to adopt the previously announced merger agreement, dated as of Aug. 15, 2011, providing for the acquisition of Motorola Mobility by Google Inc. and other related matters.
Motorola Mobility stockholders of record at the close of business on Tuesday, Oct. 11, 2011, will be entitled to notice of the special meeting and to vote at the special meeting. The special meeting will be held on Thursday, Nov. 17, 2011, at 10 a.m., local time, at the Hyatt Regency La Jolla at Aventine, located at 3777 La Jolla Village Drive, San Diego, Calif.
About Motorola Mobility
Motorola Mobility, Inc. (NYSE:MMI) fuses innovative technology with human insights to create experiences that simplify, connect and enrich people’s lives. Our portfolio includes converged mobile devices such as smartphones and tablets; wireless accessories; end-to-end video and data delivery; and management solutions, including set-tops and data-access devices. For more information, visit motorola.com/mobility.