Google is selling off Motorola Mobility to Lenovo for $2.91 billion.
Shh. Don’t breathe a word. Be quiet about unemployment in Illinois, about 750 workers being fired by Motorola Mobility.
As many as 4,000 employees around the world are about to lose their jobs with Illinois-based Motorola Mobility.
For the second time in five days, Mayor Rahm Emanuel is announcing that he’s lured an employer from the suburbs to the city.
U.S. Rep. Joe Walsh (R-Ill.) says Motorola Mobility’s decision to relocate to Chicago from Libertyville is another example of Mayor Rahm Emanuel raiding the suburbs to help city.
Industry sources say Google is talking about moving its latest acquisition, Motorola Mobility, from the suburbs to the famous and roomy Chicago building.
The money boys on Wall Street were all a flutter Tuesday night about the big deal coming down between Google and Motorola Mobility. And the employees of Motorola? The 3,000 employees and their families are worried about their jobs.
Google has struck a deal to buy Libertyville-based Motorola Mobility Holdings for $12.5 billion in cash.
It looks like Motorola will be staying in its Libertyville home.