Motorola’s tender offer for Next Level Communications is proceeding after the Deleware Supreme Court refused to hear an appeal by Next Level executives to block the $30 million bid.
The plaintiffs argued that Motorola had not given shareholders all the information they needed to vote on the proposed buyout. The cell phone giant already owns a 74 percent stake in Next Level.
Meanwhile, Rohnert Park, Calif.-based
InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.
Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
