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Glancy Binkow & Goldberg LLP Announces Investigation of Motorola Mobility Holdings I


//science-technology.news-articles.net/content/2 .. vestigation-of-motorola-mobility-holdings-i.html
Published in Science and Technology on by Market Wire   Print publication without navigation


LOS ANGELES--([ BUSINESS WIRE ])--Glancy Binkow & Goldberg LLP announces that it is investigating potential claims against the Board of Directors of Motorola Mobility Holdings I (aMotorolaa or the aCompanya) (NYSE:MMI) related to the proposed acquisition of the Company by Google Inc. The transaction is valued at approximately $12.5 billion or $40 per share.

The investigation concerns whether the Board of Directors of Motorola breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. At least one analyst has set a target price for the Companya™s stock at $42.00.

If you are a shareholder of Motorola, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Louis Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, CA 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by email to [ shareholders@glancylaw.com ].


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