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Sony Completes Buyout of Ericsson, Launches Sony Mobile

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They did it without the US DOJ approval?

Feb 16, 2012, 3:14 PM

What's going on here? The Google-Motorola merger had to be approved by a bunch of foreign countries but I haven't read any such interference about this buyout.

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Globhead

Feb 17, 2012, 1:13 PM

They didn't buy all of Ericsson, they only bought out Ericsson's stake in their own joint venture.

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dabbler

Feb 17, 2012, 1:30 PM

I know but still, it is a significant transaction that transferred ownership from one entity (a joined ownership) to another (Sony.) Just watch what EU would be doing in similar situation when American companies would be involved.

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Globhead

Feb 17, 2012, 5:41 PM

Yeah, you could be right about that. And even though the Motorola deal was big financially, it was kind of ridiculous that there was such a freakout over one corporation owning both a hardware brand and an operating system (which was normal for everyone else).

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