Nokia shareholders approve Microsoft deal

Nokia shareholders have approved a deal allowing Microsoft to purchase the Finnish smartphone maker’s Devices and Services unit. 99.7 percent of shareholders who participated in the vote agreed with the Microsoft sale, representing around four-fifths of Nokia's shares, according to the Financial Times. Some shareholders were understandably upset over the sale of a Finnish national icon, but that hasn’t stopped the majority from approving a deal worth around $7.2 billion. The acquisition will see former Nokia CEO Stephen Elop return to Microsoft early next year to run an expanded devices and services team at the software giant.

An "open dialogue" between Nokia and Microsoft started back at Mobile World Congress in February, when...

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