Why Didn’t Nokia Sell Out To Microsoft?
Considering that Nokia has basically handed over its future to Microsoft, why didn’t they actually sell themselves? Instead, they have become a “puppet state” as MG Siegler calls it.
The rumors of Microsoft wanting to acquire Nokia has been going on for a long while, and the recent crash of the stock in the market suggests that analysts and investors see this capitulation as a negative for Nokia. Would the stock have fallen in a buyout? I don’t think so. So, at least in the short term, Elop’s plan is a disaster for Nokia shareholders, and a free gift to Microsoft.
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