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Nokia Shareholders approve the Nokia-Alcatel Lucent deal at EGM today

Nokia has secured approval from its Shareholders for its Alcatel-Lucent acquisition at EGM (Extraordinary General Meeting) held today. Nokia is acquiring Alcatel-Lucent to create what it terms as an “Innovation Leader”. Nokia will pay EUR 15.6 billion through a public exchange offer in France and in the United States. Closing

Leadership & structure for combined Nokia and Alcatel-Lucent announced

Nokia has announced the proposed leadership and organization structure for combined Nokia and Alcatel-Lucent. Nokia Networks would be conducted through four business groups: Mobile Networks, Fixed Networks, Applications & Analytics and IP/Optical Networks. Nokia Technologies (TECH) would remain as a separate entity focusing on Brand-Licensing and innovation incubation. Nokia is acquiring

Chatter of Nokia buying Alcatel-Lucent makes its stock price rise

Trade market is abuzz with talks of Nokia buying Alcatel-Lucent. This sent Alcatel's share price up by 4% yesterday due to brisk volume purchase by investors. As per the rumor Nokia will use money received from Microsoft for this purchase. The rumor also puts a bidding price of 4.10 per