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Google buys 6% stake in Lenovo for $750 million

Internet search company Google bought a 5.94 percent stake in Lenovo last month for $750 million, according to a disclosure on the Hong Kong stock exchange.
Google
Google acquired 618.3 million Lenovo shares at $1.213 per share on January 30, the stock exchange said late on Thursday.

Lenovo agreed to buy Google’s Motorola handset division last week for $2.91 billion in a cash and stock deal, Reuters reported.

editor@infotechlead.com

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