A woman walks past the Google Chicago headquarters logo in Chicago, March 20, 2012. REUTERS/Jim Young
Britain's Pace approaches Google over Motorola Home
Posted : Monday, 10 December 2012 10:38AM
LONDON (Reuters) - British TV decoder maker Pace Plc said on Monday that it had made an early-stage proposal to internet group Google to acquire its Motorola Home business.
"Discussions with Google are currently at a preliminary stage and there is no certainty as to whether any agreement regarding any transaction will be reached," Pace said in a statement.
The company said its shares had been suspended from trading in London as the potential acquisition would be classified as a "reverse takeover" deal under British rules.
(Reporting by Sarah Young; editing by Kate Holton)
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