Google to Buy Motorola Mobility for 12.5 billion

A mychiller life and mychiller money combined report.
         Google announced this morning that are going to acquire Motorola  mobility  for $12.5 billion in cash.  Google makes the Android software and many phones by Motorola are powered by Android.  Google says :

      "The acquisition of Motorola Mobility, a dedicated Android partner, will enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing.

Cumulus to buy Citadel Broadcasting

 Business News  Media by Sara of mychillermoney

    Cumulus Media Inc.(CLMS) is buying Citadel Broadcasting (CTDBQ) this will make them the 2nd largest radio media company after Clear Channel. The Atlanta based company is  buying the Los-Veags based company for $1.7-billion. Cumulus would own 572 radio stations across about 120 U.S. markets once the deal announced Thursday closes. It would remain the No. 2 radio station owner in the U.S. behind Clear Channel Communications Inc., which owns more than 800 stations. Cumulus said Thursday it was paying $37 a share in cash and stock for Citadel, which owns 225 radio stations in more than 50 markets. Las Vegas-based Citadel had previously rejected a $31-a-share offer from Cumulus.

Cumulus said the deal values Citadel as an enterprise at about $2.4 billion.  This the second time Cumulus tried to buy Citadel , the last time was unsuccessful. Citadel declared bankruptcy 2 years ago. 

Moblie Merger talks between Sprint and T-moblie USA

   Business News  Tech News  by Ryan  of mychiller money
         Sprint Nextel (S) and Deutsche Telekom are in talks to merge it's T-moblie USA with Sprint to help compete against the larger us carriers of AT&T (T) and Verizon (VZ) .  These are update to old talks that didn't go anywhere between the two companies.  Sprint  has showed it wants to own more than half of the merged company and it's CEO would be the leader.  Sprint which is losing steam due to not having a  large name phone like AT&T and Verizon and not a famous network like the rest.

Toyota Hybrids sell passes 3million

BusinessNews   By Shelly - mychillermoney on Croglog

    Toyota (TM)  's popular Electric-gas powered cars have surpassed the 3million in sells. The Prius was first sold in Japan in 1997 and came to the United States in 2001. Though other car companies have their own hybrids it looks like Toyota's is the most popular. With high gas prices reaching up again  close to $400 a gallon expect more sales of the car.

Rising Gas Price

     Money  Consumer     
    Shelly Mychiller Money-
       Gas prices this week have increased 17¢ following a high rise of oil prices which are scratching between $90 to $100. Gas prices were highest in Hawaii, where drivers paid $3.761 a gallon, on average. Wyoming had the lowest gas prices at roughly, $3.032 a gallon.  This could effect the American economy ,which is mostly consumer spending based . Oil prices have been driven higher by political unrest in North Africa and the Middle East, where much of the world's oil comes from. Despite the surge in prices this week, the amount of oil that has been taken off the world market has been relatively minimal.
Related links  to help with gas prices  (gas buddy) 

Video: Toyota Troubles

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Eddie Bauer files for bankruptcy protection

Eddie Bauer Holdings Inc. is seeking Chapter 11 bankruptcy protection, the latest retail casualty of the recession.
The clothing retailer had $476.1 million in total assets and $426.7 million in total debt at the time of the filing Wednesday in the United States Bankruptcy Court of the District of Delaware. Some are saying though that the company might be acquired.