Lenovo expects IBM server, Motorola Mobility deals to be completed by year end

[Wireless News]

http://l.yimg.com/bt/api/res/1.2/I.X6pdcbVOT4PsMCC9LdIQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-07-02T025416Z_1_LYNXMPEA6102T_RTROPTP_2_LENOVO-RESULTS.JPG (http://news.yahoo.com/lenovo-expects-ibm-server-motorola-mobility-deals-completed-025416032--finance.html)HONG KONG (Reuters) - 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. Last week, the Wall Street Journal reported that the $2.3 billion IBM deal was in limbo while the U.S. government investigated national security issues. 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. ...



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