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Lenovo To Buy Back Mobile Division

Posted on Nov 27, 09 08:42 AM PDT

Lenovo To Buy Back Mobile Division

It seems that Lenovo has confirmed that it will be buying back the mobile division that it sold off last year. The price that Lenovo is paying will be $200 million in cash and stock, which is actually double that price that it was originally sold for. Probably not the best investment, but seeing how important the mobile scene is, it’s probably better in the long run for Lenovo.

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