April 25, Nokia Will Be Cash Rich, Shorn Of Its Money Losing Device Business |
April 24, 2014 | April 2014 Bond Updates |
After months of waiting, Microsoft will complete its acquisition of the device division of Nokia Services and Device Business on April 25th. Nokia is exiting a loss making business and will now be cash rich. It will prosper again if it spends the cash wisely. |
View more at: http://www.forbes.com/sites/joanlappin/2014/04/23/aprilapril-25th-nokia-will-be-cash-rich-and-shorn-of-its-money-sink-device-business/ |
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