Microsoft’s Nokia Deal Really Cost $18B – ValueWalk Premium
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Microsoft’s Nokia Deal Really Cost $18B

Microsoft Corporation (NASDAQ:MSFT) agreed to buy the Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) smartphone business for just over $7 billion last weekend, but the deal has cost the company much more than that. The company's market share fell by about $18 billion from the end of the sale through yesterday's close.

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