Wednesday, 20 November 2013

Nokia shareholders approve mobile phone sale to Microsoft

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Nokia shareholders approve mobile phone sale to Microsoft

 

Helsinki (AFP)

 

Finnish telecom company Nokia announced Tuesday that its shareholders had approved the 5.44 billion euro ($7.35 billion) sale of its mobile phone division to US software giant Microsoft.

 

According to Nokia -- which will now become a telecom equipment and services company -- the deal was almost unanimously approved (99.7 percent) by shareholders who voted ahead of an extraordinary meeting in Helsinki.

 

(Agence France-Presse, 19 Tuesday November 2013 The Roman)

 

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