Microsoft to Buy Nokia Mobile Business in $7 Billion Deal

http://online.wsj.com/article/SB10001424127887324432404579052112731349626.html

"The companies said late Monday that Microsoft will pay €3.79 billion to buy "substantially all" of the Nokia business, which includes its smartphone operations. The Redmond, Wash., company will also pay €1.65 billion to license Nokia's patents, the companies said, bringing the deal to €5.44 billion, or $7.18 billion."

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