Microsoft’s Nokia Deal Really Cost $18BVW Staff
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.
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.