Few Hardballs from Shareholders at Google’s Annual Meeting
Perhaps the toughest shareholder question came from consumer advocate
John Simpson, who asked Schmidt whether Google had agreed to a reported
$700 million “kill fee” if Google’s $750 million acquisition of the
mobile advertising company AdMob is rejected by government antitrust
regulators. Schmidt neither confirmed or denied that number, but
predicted the deal would be approved by the Federal Trade Commission,
which is expected to rule in coming days.
