Nokia’s Shareholders Have Approved Of The Microsoft Deal

Posted Nov 19, 2013

Nokia shareholders have approved of the Microsoft acquisition.  At a meeting in Helsinki on Tuesday morning, investors agreed to the $7.35 billion deal.  Microsoft will get Nokia’s devices and services businesses and will license Nokia’s mapping services.  The deal was unanimously approved ahead of the meeting with around 99.7% of shareholders registered voting in favor of the deal.  Nokia used to be the largest manufacturer of cellphones.  Now they will transition into a telecommunications equipment and services firm.
[Source: AllThingsD]