NOW MICROSOFT LOOKING TO BUY NOKIA
After the rumors of Facebook buying Nokia for making its way into the smartphone market, there is another big news in the tech world. Yes, it’s Microsoft now looking to buy Nokia if the rumors have to be believed !!
Nokia is certainly considered to be among the most trusted brands in India, but unfortunately it is going through a bad patch with its shares at an all-time low, causing speculation that it might get acquired by Microsoft.
The Helsinki Times published in its latest edition that- Nokia stocks are now below book value – a situation described as “worth more dead than alive” rhetorically. The weekly also mentioned that- “The investment community is fertile ground for rumours, and there are plenty about what could happen to Noika. One of the most persistent rumours is that Microsoft may buy the company”.