Motorola Offer Moves to Next Level

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

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