Ron Burgundy Posted July 2, 2014 Share Posted July 2, 2014 Proposed purchases by China's Lenovo Group Ltd of IBM Corp's low-end server unit and Google Inc's Motorola Mobility business should be completed by year-end, Lenovo Chief Executive Officer Yang Yuanqing said on Wednesday. "Both deals are under the approval process in the two countries and they are progressing," Yang said at Lenovo's annual general meeting in Hong Kong. The January announcement for the acquisition came nearly a decade after Lenovo bought IBM's money-losing ThinkPad business for $1.75 billion, which had also faced scrutiny. View the full article Quote Link to comment Share on other sites More sharing options...
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