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Google selling Motorola phone business to Lenovo

The Motorolplant located 600 N. Highway 45 Libertyville. | Thomas Delany Jr.~ Sun-Times Media

The Motorola plant located at 600 N. Highway 45 in Libertyville. | Thomas Delany Jr.~ Sun-Times Media

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Updated: January 30, 2014 8:02AM

SAN FRANCISCO — Google is selling Motorola Mobility’s smartphone business to Lenovo Group for $2.9 billion.

Google is keeping most of Motorola’s patent portfolio. Google Inc. bought the patents and phone business for $12.4 billion in May 2012. Under Google, Motorola has lost nearly $2 billion and trimmed its workforce from 20,000 to about 3,800.

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