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Microsoft Rushed Nokia Deal

  • Bloomberg, Wednesday, September 4, 2013 11:41 AM
Making it the costliest impulse buy in history, Microsoft reportedly rushed into its acquisition of Nokia’s Devices & Services business for $7.2 billion. It was “more of a sprint than a marathon,” Bloomberg reports. More troubling (and confusing) are reports that Microsoft wanted the deal done so quickly because a 2-year-old collaboration on smartphone development (between Microsoft and Nokia) wasn’t working.

 


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