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Microsoft buys Nokia's handset business

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Microsoft buys Nokia's handset business

E
euronews (in English)

1 Views • Sep 03, 2013

Description

It is a smart move or a desperate gamble?

Struggling Nokia has agreed to sell its handset business to deep-pocketed Microsoft for 5.44 billion euros - described by one analyst as "peanuts".

Apparently it was a reluctant sale with Nokia's board meeting over 50 times before agreeing to the offer.

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http://www.euronews.net/