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Nokia Confident Microsoft Deal Will Close by End of March

Feb 14, 2014, 1:55 PM by Eric M. Zeman

Nokia today said that it expects Microsoft to finalize its acquisition of Nokia's handset business by March 31. The company issued a statement regarding some tax difficulties it is facing in India that could complicate the sale. Nokia said the issues won't delay the deal, which it looks forward to closing in the weeks ahead. Microsoft and Nokia had previously suggested the deal would close by the end of the first quarter, so it is running on schedule. Microsoft first proposed to buy Nokia's handset business in September last year. The deal is valued at $7.2 billion.

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This forum is closed.

ibnturab

Feb 14, 2014, 4:20 PM

I hope it Fails

Micro$oft is already big enough, and Nokia as a company would be better off without windows. Its a shame that Elop screwed Nokia the way he did. Had Nokia adopted both Android and Windows, it would be have been very successful. But, it appears that it really is over, and all thanks to the Elop. In fact, this joker outdid the Greeks in the Trojan War and maybe microsoft should write and epic poem for him.

KOL4420

I imagine the only reason Microsoft is merging with Nokia is for that patent portfolio and manufacturing quality of their devices. This is the best move from both Nokia and Microsoft for Windows 8 to flourish. I see nothing but good things for Windows...
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Yama Gama

Yeah, just another tale of a weaker country getting its top buisnesses 'boarded' and scuttled for booty. Just a natural part of pirate capitalism. It happens a lot here in Canada, Americans will buy up the shares, take over the board and then rip the ...
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Versed

Would you also say, Google or Apple are big enough when they do buy outs? Just wondering, both are larger then MSFT.

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DarkStar

oh you mean how like every other Android manufacturer has done great in the Android atmoshpere. HTC, LG, Pantech, Casio. They have become huge hits in the Android spac....Oh thats right. Samsung is the only company to do well in Android. Regardles...
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