Bloomberg BusinessWeek: Motorola Mobility shareholder John W. Keating is suing the company and its CEO Sanjay Jha. The lawsuit claims that the $12.5 billion Google paid for the company wasn’t high enough, even though it was a 63 percent premium over the stock’s value at the time. “The offered consideration does not compensate shareholders for the company’s intrinsic value and stand-alone alternatives going forward, nor does it compensate shareholders for the company’s value as a strategic asset for Google,” says Keating.
Keating is seeking class-action status for the case and wants a court order that would prevent the acquisition from being finalized.
SEE ALL
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation's focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Advertise with Us
Property of TechnologyAdvice.
© 2025 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this
site are from companies from which TechnologyAdvice receives
compensation. This compensation may impact how and where products
appear on this site including, for example, the order in which
they appear. TechnologyAdvice does not include all companies
or all types of products available in the marketplace.
