BLOOMBERG Lunch Money January 31, 2014
Google is selling its motorola handset business less than two years after buying it. They agreed to sell it for lenovo for just under 3 billion. Remember, google bought them for 12. 4 billion. Hold on a second. It is now selling for 2. 9 billion dollars. That sounds like a huge loss. Hubel has already sold the settop box business but would keep some of the patents, some 2000 patents and the trademark portfolio all going over to lenovo. Ok, there are some numbers over there. Does anybody have an envelope . At of the envelope, this is my personal stationary, and there is the math, and theyre all...