Why Did The Motorola Mobility News From Google Cause Lenovo Shares To Drop?
January 30, 2014 at 08:07 AM EST
Shares of Lenovo Group (OTC: LNVGY ) fell more than eight percent after Google (NASDAQ: GOOG ) announced that it was selling its Motorola Mobility unit to the company for $2.91 billion. According to Google’s press release, the deal includes a payment to Google of $1.41 million in