Summary Box: Stocks rise after acquisition flurry (AP)
By admin on August 15th, 2011
AP – THE SPARK: Google said it will buy wireless phone maker Motorola Mobility Holdings for $12.5 billion in cash. Time Warner Cable, Cargill and Transocean also announced purchases of more than $1 billion each. It was the busiest day for acquisitions since July 11. A report also showed that Japan’s economy shrank less than feared following the March 11 earthquake and tsunami.
View full post on Yahoo! News: Stock Markets News
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