Finland’s Nokia confirmed on Tuesday that it was in “advanced” merger discussions with telecoms company Alcatel-Lucent

Finland’s Nokia confirmed the rumour on Tuesday. Nokia is marrying Alcatel-Lucent. Nokia shares fell 6% after the news broke, it closed down 3.6% for the day. Shares of Alcatel-Lucent shot up 15% ending 14.7% up for the day. In a joint statement, the companies said a potential merger would take the form of a public exchange […]

from OCWorkbench »


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