Unless you have been under a rock for the last 24 hours you already know about the bomb that Google dropped yesterday acquiring Motorola. We continue to get more information, and something to note is that if the deal fails to close, Google will have to pay Motorola $2.5 billion which is more than six times the typical amount.
If you look at it on a percentage basis, the fee is more than triple the $3 billion AT&T is offering T-Mobile if that deals falls through. Google’s fee is about 26% of the transaction. The median percentage is 3.8% for all deals announced since January 1, 2010. The AT&T/T-Mobile deal is 7.7%.