Google, Motorola file for merger clearance in many countries

From InfoWorld: Google and Motorola Mobility plan to file for pre-closing antitrust clearances for the merger of Motorola with a Google subsidiary in a number of jurisdictions including Canada, China, Israel, Russia, Taiwan, and Turkey, in addition to filings in the U.S. and before the European Commission.

The companies have already filed for clearance to the U.S. Federal Trade Commission and the Antitrust Division of the Department of Justice on Aug. 29 under the Hart-Scott-Rodino Act, and the request is still within the usual waiting period of 30 days, Motorola Mobility said in a filing to the U.S. Securities and Exchange Commission on Tuesday.

he U.S. agencies can either allow an "early termination", or if either agency determines during the waiting period that further inquiry is necessary, it can in a "second request" call for additional information and documents beyond the waiting period.

Google said in August it entered into an agreement to acquire the mobile phone and tablet maker for about $12.5 billion, to strengthen its patent portfolio.

Google will acquire Motorola through the merger of the company and RB98, a wholly-owned subsidiary of Google formed solely for the purpose of facilitating the acquisition, which will cease to exist after the merger, the filing said. Motorola will continue as a wholly-owned subsidiary of Google.

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