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Google Closes $12.5B Motorola Mobility Deal

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  • Description

    FBN's Adam Shapiro breaks down late-morning market news.

  • Duration 0:54
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Schapiro here Fox Business -- existing home sales posted their highest annual rate nearly two years according to the National Association of Realtors sales were up.

Nearly three and a half percent in April to an annual rate of four point six million.

Nationwide the average price for a home resales was up more than 10% marking the biggest year over year increase since January 2006.

Google's twelve and a half billion dollar purchase of Motorola mobility is now complete the deal will allow Google.

To boost its android system and enhance competition in mobile computing.

Google will run -- role as a separate business.

Shares of many are soaring after this sushi and steak restaurant chain agreed to go private private equity firm Angelo Gordon and company is.

Purchasing Betty -- and an all cash deal with 296 million bucks.

That's the latest on the Fox Business Network giving you.

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