Uploaded by FinancialNewsOnline on Dec 12, 2011
European regulators have temporarily stopped their review of Google's (NASDAQ:GOOG) proposed acquisition of Motorola Mobility (NYSE:MMI) in an effort to gain more information about the deal before making a ruling, Bloomberg reports.
The European Commission had originally looked to make a decision by January 10, but the review was halted on December 6. A Google spokesperson says the EU's request for more information is "routine".
Google (NASDAQ:GOOG) has potential upside of 17.5% based on a current price of $621.49 and an average consensus analyst price target of $730.3.
The European Commission had originally looked to make a decision by January 10, but the review was halted on December 6. A Google spokesperson says the EU's request for more information is "routine".
Google (NASDAQ:GOOG) has potential upside of 17.5% based on a current price of $621.49 and an average consensus analyst price target of $730.3.
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