Lenovo completes Motorola acquisition for $2.91 billion

Lenovos's Motorola acquisition is a done deal. Motorola Mobility is officially a part of Lenovo as the $2.91 billion acquisition that was announced in January earlier this year has been completed. The total acquisition cost is approximately US$2.91 billion, including approximately US$660 million in cash and 519,107,215 newly issued ordinary shares of Lenovo stock, with an aggregate value of US$750 million, representing about 4.7 percent of Lenovo’s shares outstanding, which were transferred to...

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