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Investment Giant Lurks Motorola &Nbsp; Earned $1 Billion 340 Million Overnight.

2011/8/18 15:18:00 47

Investment Giant Lurking Motorola

   Google $12 billion 500 million cash acquisition Motorola Who benefits from mobile? You know, the stock in your hands is 60% premium overnight.


Among many shareholders, the 75 year old Investment Tycoon Karl Icahn is the biggest winner, and Icahn currently holds 3 million 350 thousand shares of Motorola mobile, about 11.4%.


According to Bloomberg, Monday's deal earned at least 1 billion 340 million dollars for Icahn. In 2008, Icahn, who has been a shareholder in Motorola, has always been an active actor. He has been lobbying for Motorola to split up and believes that if there is no division of the company, there will be no future.


After the completion of the split, Icahn started Lobby Firms executives, saying Motorola Mobile's patented technology is an undervalued asset, and the selling company is also the best option to create shareholder value. "A few years ago Motorola was almost worthless; when you could get that value, you should sell yourself." Icahn said.


After Google announced the takeover, Icahn said it was a good deal for both sides, "Google acquired this patent portfolio at relatively cheap prices."


At present, Motorola holds more than 17 thousand patents, and has more than 7000 patents waiting for examination and approval, while Google has only a few thousand patents, which is also considered the biggest driving force behind Google's acquisition of Motorola.


According to the documents disclosed by the securities and Futures Commission, the value of Motorola mobile and Motorola solutions two, which is held by Icahn, is $2 billion 900 million.


In addition to praising Motorola Mobility Holdings Inc, Icahn also praises its sister company Motorola solutions company, saying that there are no other wireless companies worth investing at the moment, but Motorola is still a very attractive investment target.


Soros holds the same view with Icahn.


In the second quarter of this year, Soros bought 1 million 200 thousand shares of Motorola solution company's stock, which increased to 5 million 700 thousand shares, but at the same time emptied 116 thousand and 200 shares of Google stock.


However, before the above profits come to hand, Google's acquisition of Motorola mobile still needs to be approved by the regulatory authorities. Google's search business has attracted the attention of regulators in the United States and Europe. Google's chairman Schmidt even said that Google is currently at a turning point in development, facing the concentration of firepower from the regulatory authorities, "but Google will never shrink from challenges."
 

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