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A comment on The Deal That Makes No Sense.

Re:The Deal That Makes No Sense by corresation on Tuesday September 03, 2013 @09:09AM (#6320667)
Nokia's most recent quarterly had them sitting on $4 billion EUR of cash ($5.2 billion), with barely any burn. I don't think the company was poised to go bankrupt anytime soon.

Either Microsoft is completing a long planned purchase, or Nokia threatened to dabble in Android. Other than that the purchase is irrational.

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Re:The Deal That Makes No Sense by tanzam75 on Tuesday September 03, 2013 @11:36AM (#6321529)
That was at the end of June.

In August, they spent about €2.2 billion buying out Siemens' stake in Nokia Siemens Networks. This could very well have caused some short-term cash flow issues. Which also explains Microsoft's offer to finance Nokia at extremely low interest bonds.

Long-term, NSN is generating positive cash flow and ought to be able to pay for itself.

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