Pace unable to agree with Google over Motorola Home takeover

TV decoder maker Pace, which was suspended from trading last week pending the potential 'reverse takeover' of Google's Motorola Home business, has said that it was unable to reach an agreement with the US search engine giant.

TV decoder maker Pace, which was suspended from trading last week pending the potential 'reverse takeover' of Google's Motorola Home business, has said that it was unable to reach an agreement with the US search engine giant.

"Accordingly, Pace has contacted the Financial Services Authority to request that the suspension of its securities from the Official List is lifted without delay. Pace expects the suspension to be lifted shortly," the firm said.

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