Updated Jan. 30, 2014 at 8:11 a.m.

Premium Lock Lenovo shares plunge 8% on news of $2.9B deal for Google smartphones

Published: 2014-01-29 16:46:00
Updated: 2014-01-30 08:11:52

A Moto X as sold by Raleigh-based Republic Wireless A Moto X as sold by Raleigh-based Republic Wireless. Image 1 of 4 · Next Image…

Lenovo is buying Google's Motorola Mobility phone handset unit for about $2.9, billion, and shareholders didn't like the news. After agreeing to pay $2.3 billion for parts of IBM's server business last week, Lenovo shares traded near 14-year highs. But this time "Lenovo may have jumped the shark," one analyst says....

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For those of you wanting a great deal on a cell plan, the Moto X on Republic Wireless is the PERFECT solution. The phone is amazing, and the service is excellent and so reasonably priced!! Plans are $5 to $40. I pay $10 a month for unlimited talk and text and couldn't be happier! Use this link to get $19 off when you join http://referrals.republicwireless.com/a/clk/24mT8l
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