Boston, MA 02\/19\/2014 (wallstreetpr) –\u00a0The merger of the mobile giant Nokia Corporation (ADR) (NYSE:NOK)<\/b> with software giant Microsoft Corporation (NASDAQ:MSFT)<\/b> has been approved by the competition tribunal today without conditions.<\/p>\n
WHAT IS A MERGER<\/b><\/p>\n
A merger is a corporate strategy by which different companies are bought, sold, acquired, divided or combined so that an enterprise grows rapidly in its sector of location or a field without creating a subsidiary or a joint venture. It is basically a legal consolidation of two companies into a single one. This can result in economic and financial consolidation of two companies into one. A merger can also help a particular company grow into an unknown territory by the goodwill of the acquired company. So, a merger can be a very useful move for a company to foray into different business ventures.<\/p>\n
NOKIA MERGER<\/b><\/p>\n
Microsoft initially showed an intention to acquire mobile giant Nokia Corporation (ADR) (NYSE:NOK)<\/b> in the year 2013. It stated that it wanted to acquire all of its devices and services business and this is seen as a business move on part of Microsoft Corporation (NASDAQ:MSFT)<\/b> to increase its offering in the mobile phones and devices market. The merger is an international transaction basically and the same has been approved unconditionally in India, Brazil, the European Union, Israel Turkey, Russia and the United States. It has been also reported that Microsoft intends to purchase the whole of Nokia Corporation (ADR) (NYSE:NOK)<\/b>\u2019s services and devices for EUR 3.79 billion and EUR 1.65 to license its patents. The whole transaction is estimated to cost EUR 5.44 billion in total. This move has been a very highly anticipated one in the corporate world and only time will tell if this will lead to a rise for Microsoft Corporation (NASDAQ:MSFT) <\/b>in the mobile industry or if it will lead to a slow fading off for the Windows operating system.<\/p>\n
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Boston, MA 02\/19\/2014 (wallstreetpr) –\u00a0The merger of the mobile giant Nokia Corporation (ADR) (NYSE:NOK) with software giant Microsoft Corporation (NASDAQ:MSFT) has been approved by the […]<\/p>\n","protected":false},"author":32,"featured_media":15439,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1637,738,2817,672],"stock_ticker":[],"class_list":["post-15610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-microsoft-corporation-nasdaqmsft","tag-nasdaqmsft","tag-nokia-corporation-adr-nysenok","tag-nysenok","entry"],"acf":[],"yoast_head":"\n