You know it probably is a fair point. I haven't been paying close attention to this, but I didn't hear squat about this deal until after it was made. I understand that Motorola could have been a target for some time and if someone else took them over it may not have been huge news, but the fact that Google has been sniffing around and it hasn't made headlines (at least not here on THG) means that they either got it through quick or someone at Tom's dropped the ball on this story (unless I've missed something myself)
I think the shareholders can just vote no to the acquisition. Saying Google underpriced them either means they don't realize Motorola is not doing much with the patents or they are waiting for another bid. Which I suspect should be coming in soon from ms and apple.
[citation][nom]cookoy[/nom]the deal still has to be voted by stockholders and approve by US and EU regulators and what not. should it need every investors' approval also?[/citation]
no it goes by how much percentage they own of the company (how much stock he owns). the only way this guy could prevent it is if he owned the highest percentage of the company then all the other stockholders. judging by the lawsuit my guess is he doesn't.
lol google overpayed, not underpaid. First time I see an investor unhappy with double their money. this lawsuit however should be unvalid. Suing a company for an opinion that they didnt get the best price is not a valid lawsuit.
It's nothing to do with his shares and how much he could possibly get for them. He is blocking an acquisition for 12 billions and preventing Google to lay a hand on these patents. He just wants to know how much on top of that 12 billions Google would like to pay to him personally.