MMI Marcus and Millichap Inc

   DOW JONES NEWSWIRES 
 

Moody's late Monday affirmed Google's (GOOG) Aa2 long-term rating after the Internet giant said it will buy Motorola Mobility Holdings Inc. (MMI) for $12.5 billion in cash.

The deal "provides Google with important intellectual property in the mobile wireless sector, and an improved ability to support and defend the fast-growing, Android-based ecosystem from legal challenges," said Richard Lane, Moody's senior vice president, in a statement. The rating outlook is stable.

-Sue Chang; 415-439-6400; AskNewswires@dowjones.com