Europe OKs Google buyout of Motorola

Associated Press

SAN FRANCISCO

Google’s $12.5 billion acquisition of cellphone maker Motorola Mobility has won approval of European antitrust regulators, moving Google one step closer to completing the biggest deal in its 13-year history.

The blessing means Google Inc. now only needs government approval in the U.S., China, Taiwan and Israel before it can close a deal announced six months ago.