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Microsoft – Nokia merger set for $7.2 bn

Microsoft – Nokia merger set for $7.2 bn

Microsoft is set to buy Nokia’s smartphone unit for $7.2bn in a bid to strengthen its position against Apple and Google. The merger follows Microsoft’s $900 million write-off for unsold Windows Surface tablets and has been panned by analysts as a doomed move for the cell phone manufacturer to gain market share. Once dominant in […]