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Chinese regulators drag heels on Google-Motorola deal
Google's bid to buy Motorola Mobility is still on hold as Chinese regulators expand their scrutiny of the deal.
A regulatory filing from Motorola confirmed the news earlier this week, explaining that China's Anti-Monopoly Bureau has extended the second phase of its investigation.
No reason was given why China is dragging its heels.
Motorola said that it and Google continue to work closely with the Anti-Monopoly Bureau to complete the investigation. The two companies still expect the deal to be finalized during the first half of 2012. But Motorola added that neither it nor Google can provide any … Read more
