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Microsoft's purchase of Nokia is still set to close by the end of March

Discussion in 'Microsoft News' started by Nathan Ingraham, Feb 14, 2014.

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    It's been almost six months since Microsoft announced its intention to purchase Nokia for $7.2 billion, and today the phone manufacturer reiterated its intention to have the sale complete before this quarter ends. In a press release today, Nokia stressed that an ongoing tax dispute in India over one of the company's factories wouldn't affect the closing of Microsoft's intended purchase.

    This statement of confidence comes just a few days after it was revealed that Nokia was petitioning the Indian Supreme Court to reverse a ruling that was initially expected to complicate the deal — however, Nokia has been quick to reiterate that the deal is not in any danger of slipping beyond Q1. Given the statements from new Microsoft CEO Satya...

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