As noted a half dozen times throughout the comments, they didn't lose 9.5 billion, it's looking more like possibly 2 billion. But they also had a strong bargaining chip vs Samsung, and will likely reap benefits far exceeding their Moto stake.

My comment was way early in the thread so the dozens of comments saying they didn't lose 9.5 billion didn't exist yet when I posted...

Still, it's a strange/not-so-great move on google's part.

It's sad how a once mighty company is being sold around like a piece of house by some property flippers, and costing the flipper pretty 2 billion too...